FLC Faros Construction Joint Stock Company (ROS) expects to beat its 2017 profit target soon and will pay a dividend rate of 10-12 per cent for this year, the company has announced.
The People’s Committee of central Binh Dinh Province has approved investment for the FLC Cu Lao Xanh resort and villa complex in the province’s Quy Nhon City.
According to Bloomberg data, FTSE Viet Nam ETF is holding some 3.12 million shares of FLC Faros Construction Company (ROS), valued at over VND530 billion (US$23.31 million).
US-based MSCI Inc. has added two Vietnamese stickers ROS (FLC Faros Construction JSC) and SAB (Saigon Beer Alcohol Beverage Corp) to its basket for calculation of the MSCI Frontier Markets Index