EVNNPC to divest more than 2.3 million shares in NEEM

Monday, Dec 04, 2023

The starting price is set at VNĐ12,200 per share (US$0.5 a share) and foreign investors are not permitted to purchase shares.

Dragon Capital's member funds buy shares of Gelex

Monday, Jul 03, 2023

Dragon Capital''s member fund group has announced that it has purchased 2 million shares of Vietnam Electrical Equipment Joint Stock Corporation (Gelex or GEX).

Vietnamese businesses set mixed targets for 2021

Sunday, Jan 10, 2021

After performing well last year despite of COVID-19, many companies have prepared new plans for 2021. While some firms, such as GELEX, double their targeted profits, some which reported good results in 2020 lower their expectations.

Gelex mulls capital increase via share issuance

Monday, Dec 21, 2020

Viet Nam Electrical Equipment Joint Stock Corporation (Gelex) plans to issue nearly 293 million shares to increase charter capital.

Gelex completes acquiring shares at Viglacera

Saturday, Oct 10, 2020

The Việt Nam Electrical Equipment JSC (Gelex) has acquired a 21.1 per cent stake at construction group Viglacera to raise its ownership to 46.07 per cent.

Gelex raises offer for Viglacera shares

Tuesday, Sep 22, 2020

The Viet Nam Electrical Equipment JSC (Gelex) has raised its offer by 9.3 per cent to buy Viglacera shares in an attempt to take a controlling stake in the firm.

EVN to auction shares in Dong Anh Electrical Equipment Corporation

Tuesday, Sep 01, 2020

Vietnam Electricity (EVN) plans to auction more than 13 million shares in its affiliate Dong Anh Electrical Equipment Corporation JSC (TBD).

Gelex bids for 95 million Viglacera shares

Wednesday, Aug 26, 2020

The Vietnam Electrical Equipment has made an official bid to buy 95 million shares at the construction and building materials firm Vilgacera, aiming to step in the industrial real estate sector.

Long Son PIC to raise capital for new industrial park project

Monday, Jul 13, 2020

Long Son PIC will sell 65 million shares to Gelex Energy, a member of the Vietnam Electrical Equipment JSC (Gelex)

Gelex to raise stake in Viglacera

Saturday, Jul 04, 2020

Gelex and related shareholders are holding 112 million shares or 2.94 per cent of Viglacera’s capital

M&A deal top priority to join industrial real estate sector: Gelex CEO

Thursday, Jun 18, 2020

Gelex is planning to raise its ownership in Viglacera to the controlling level of 51 per cent

Gelex CEO to raise ownership

Friday, May 22, 2020

The firm’s CEO will buy 15 million shares from May 26 to June 24, equal to 3.0722 per cent of the company’s total outstanding shares

GEX to sell entire stake in Dong Nai Port JSC, no longer involved in logistics

Tuesday, May 19, 2020

The Board of Directors at Vietnam Electrical Equipment Joint Stock Corporation (Gelex or GEX) has approved the sale of their entire 20.25 per cent stake in Dong Nai Port JSC (PDN).

HCM City business signs MoU with 2 Korean companies to distribute electrical safety device

Friday, Dec 20, 2019

Electrical equipment trader Phu Khang Thinh Joint Stock Company, Korean electrical and lighting equipment manufacturer TPT Co Ltd and Korean electrical, LED and chip supplier SHIN WOO Innovation Co Ltd signed a memorandum of understanding for the distribution of TPT''s...

Gelex Electric buys 30 million shares in ceramics firm

Wednesday, Oct 30, 2019

Gelex Electrical Equipment Co Ltd (Gelex Electric) has bought 30 million shares in ceramics firm Viglacera, completing 75 per cent of its purchasing target.