Tan Cang Logistic plans to start transaction on HOSE Dec 22

VNStockNews.com - Ho Chi Minh Stock Exchange (HOSE) has approved for Tan Cang Logistic and Stevedoring Joint Stock Co (Tan Cang Logistic) to list 17 million shares on the southern floor, under the code of TCL.

These shares, with total share value of 170 billion dong, are supposed to be officially traded on December 22 with initial price of 35,000 dong per share.

This is the ninth firm in the field of logistic service providers that has listed shares on southern floor, and the fourth one in the logistic industry to trade shares on STC this year, after VST, SVC and VNL.

In the first nine months of 2009, the company reported to gain over 311 billion dong of revenue, 56.86 billion dong of after tax profit and more than 269 billion dong of ownership capital.