AsemconnectVietnam - Licogi 13 JSC (code LIG) has just announced the Board of Directors' resolution on transferring 100% of capital of Licogi13 JSC - Infrastructure Mechanics (Licogi13 - IMC) to 2 individual investors.

Specifically, Licogi 13's current ownership capital at Licogi13 - IMC is more than 1,088 million shares, accounting for 32.78%. The transfer price is VND10,000/share, the expected transfer value is more than VND10.88 billion. The implementation time is in the first quarter of 2025.
There are two investors who will participate in receiving the transfer of Licogi13 - IMC shares from LIG. Of which, Mr. Tran Hoang Hiep will receive the transfer of 664,000 shares with a value of VND6.64 billion and Mr. Nguyen Van Bang will receive the transfer of 424,200 shares, with a value of VND4.24 billion.
Previously, in 2024, Licogi sold 30% of Licogi13 - IMC's capital to an individual investor, thereby reducing LIG's ownership ratio at Licogi13-IMC to 32.78% as at present. Licogi13-IMC operates in the field of construction works such as: site clearance, rock blasting, foundation treatment, etc.
Currently, Licogi 13 owns 5 subsidiaries and 11 associated companies. After successfully divesting from Licogi13 - IMC, the number of associated companies of LIG will be 10 enterprises.
In another development, Licogi 13 was recently fined and collected over VND4.8 billion by the Hanoi Tax Department for tax violations. The cause was due to incorrect declaration of VAT, invalid cost accounting and incomplete declaration of personal income tax. The enterprise was forced to pay additional tax, fines and late payment interest as prescribed.
The above late tax payment amount is calculated up to February 21, 2025, Licogi 13 is responsible for continuing to self-calculate and pay the late payment amount arising from February 22, 2025 until completing tax obligations as prescribed.
Regarding business results in 2024, Licogi 13 achieved revenue of VND3,766 billion, an increase of 13% over the previous year. However, the cost of goods sold accounted for 96% of revenue, while fixed costs only decreased slightly, causing the Company's net profit to only VND641 million, down 90% compared to the previous year, and reaching the lowest level in its history of operation.
N.Nga
Source: VITIC/Tinnhanhchungkhoan