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Feb 1, 2011

Hoang Quan subsidiary to list shares

VNStockNews.com - Hoang Quan Consulting Trading Service Real Estate Corporation (HQC) said its Vinh Long-based subsidiary, Hoang Quan Mekong Co, would be listed on the HCM City Stock Exchange (HOSE) in the first quarter of this year.


Three more subsidiaries were expected to list on the HOSE later, the corporation's deputy director Le Trong Ngoc said and added that they fulfilled the last year's target turnover of VND1.2 trillion (US$60 million) and the after-tax profit of VND403 billion ($20.15 million).

The company also increased its charter capital to VND1.4 trillion ($69 million) from the previous VND400 billion ($20 million) when it was listed on the HOSE in October last year.

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