Dream House to join stock exchange

The Ho Chi Minh Stock Exchange has allowed Dream House Investment Corporation, which mainly operates in real estate and financial investment sections, to list 14.99 million shares on the city bourse.

Last year, the company’s revenue reached VND34.35 billion, with pre-tax profits of VND18.8 billion.

This year, revenue is expected to value at VND111.16 billion, with pre-tax profits topping VND39.55 billion and a dividend payout ratio of 12 percent.

According to agreements made with HCMC-branch Far East National Bank and Grandford, these companies will provide financial services for Dream House’s investment activities and participate in financial consultancy, as well as control investments of its real estate projects.

By M.Tram – Translated by Phong Linh

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