Rong Viet Securities Company listed on HOSE

Ho Chi Minh City Stock Exchange (HOSE) has just approved the listing of  70 million shares of Rong Viet Securities Company on HOSE with its code: VDS.

VDS has ever been listed on Hanoi Stock Exchange (HNX) with price of VND 11,200 per share.

The move was approved by its shareholders at the shareholder meeting held in March 23.

At the meeting, VDS’s shareholders targeted to reach turnover of up to VND 307.5billion, pre-profit of VND 100billion.

It passed also the plan to add its chartered capital from VND 700billion up to VND 910 million after it issues more 21 million shares with a starting price of VND 10,000 per share.

VDS announced for the first half of 2017, its turnover reached VND 166.6billion, an increase of 78.5 percent and competed 54 percent of its target.

Hai Ho-Translated by T.Tran

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