HoSE lists 30 million Ha Long Investment shares

Tuesday, Jul 19, 2016 16:37

Ha Long Investment and Consulting JSC has 30 million shares (HID) official listed on the HCM Stock Exchange (HoSE) in July. — Photo cafef.vn

HA NOI — Ha Long Investment and Consulting JSC (Halcom) listed 30 million shares (HID) on the HCM Stock Exchange (HoSE) in July.

Based in Ha Noi since 2001, Halcom, with a charter capital of VND300 billion (US$13.4 million), is involved with consulting and investing in water supply, road and environment projects.

Currently, Halcom is investing in phase two of a water plant in Thuan Thanh in Bac Ninh Province, the Hung Long water plant in Hung Yen Province, and a brick production project in Luong Son in Hoa Binh. In addition, the company has also contributed capital for an office building project in My Dinh, Ha Noi, and a BOT projects on transport and waste water treatment in Can Tho Province, as well as some water construction projects across Viet Nam.

According to a Halcom representative, it is the first firm to introduce the corporate compliance programme (CCP) of the World Bank, and among a few firms in Viet Nam to implement a code of conduct that promotes high transparency in all its activities.

The firm became the prime contractor implementing large projects and complex technical requirements for construction projects funded by the World Bank, as well as projects using ODA funds from the Asian Development Bank, the ministry of foreign affairs of Finland, and the Bank of Japan International Co operation Agency (JICA).

After a week, HID rose about 10 per cent to reach VND14,500 on HoSE yesterday. — VNS

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