Ho Chi Minh Stock Exchange approved the listing of HVC stock - stock code HVH

On November 21, HVC Investment and Technology Joint Stock Co (HVC) officially received the approval of the Ho Chi Minh City Stock Exchange (HOSE) for listing on HOSE with the share code of HVH The first transaction will take place on 30/11.

According to Document No. 475 / QD-SGDHCM, HoSE approved the listing registration of HVC shares with stock code HVH. The number of listed shares is 20,000,000 shares, the reference price at the first trading day is VND 10,000 / share; Total value of listed shares is VND 200 billion.

Sharing on above information, Mr. Tran Huu Dong, Chairman of Management Board cum General Director of HVC, said: "In 2018, HVC has seen a prominent growth in all business sectors. Listing on the HoSE stock exchange has been well prepared with all efforts by HVC Group for a long time to ensure the best profit for shareholders and accordance with the law and legislation.”

    HVC is approaching the official date

HVC Group was established in 2010 with current chartered capital of VND200 billion. The company mainly operates in the field of general contractor for designing and supplying high-class entertainment equipment such as high-grade swimming pool equipment, ice skating rink, ocean aquarium, water park. In addition, HVC has gradually affirmed its leading prestige and quality in the field of M&E. Typical projects that HVC has implemented include Vinhomes Riverside, Vinhomes Central Park, Vinhomes The Harmony, Vinpearl Cua Sot, Vinhomes Golden River, Vinhomes Imperia Hai Phong, Vinpearl Nam Hoi An, Muong Thanh Water Park Nghe An); Halong Ocean Park (belonging to Sun Group) ...

HVC currently holds the leading position in Vietnam as the general contractor for the design and installation of high-end entertainment equipment with a market share up to 70%. The company has received many prestigious awards such as Certificate of Merit from the Chairman of Hanoi People's Committee, Certificate of Merit from the Union of Vietnam Organizations; Continuously ranked in the top 50 enterprises: Excellent start-up, sustainable development brands; Top brands in Vietnam; Vietnam famous brand and so forth.

In 2018, HVC set a consolidated revenue target of VND320 billion, increasing by 30% compared to the same period of last year. After-tax profit reached VND25.6 billion, increasing by 65%.

At the end of last quarter, the company achieved 312.6 billion dong of revenue and 33.865 billion dong of after tax profit. Accordingly, after 9 months, HVC has completed 97.69% of revenue target and exceeded 35% of profit target.

In the coming time, HVC will continue to invest heavily in the core areas which the company has chosen to achieve its goal of becoming a privately-owned corporation in 2022.