Long Giang Urban developer to list shares on HOSE

VNStockNews.com - Long Giang Urban Investment and Development Co has registered to list 8 million shares on the HCM City Stock Exchange (HOSE), according to the centre.

The Ha Noi-based company, with VND80 billion (US$4.5 million) in equity, develops traffic, urban and industrial zone infrastructure, and deals in real estate and construction machinery and materials.

Long Giang projects earnings of VND247.3 billion ($13.9 million) and a net profit of VND18 billion ($1 million) this year, with a shareholder dividend of 15%.