MoC sells 118.3million of DIG's shares

The Development & Investment Construction (DIG) Corp, said Ministry of Construction (MoC) has registered to sell 118.3 million shares accounting for 49.65 percent of DIG’s total capital within one month starting November 17.

The ministry will sell at a cost of VND 17,000 per share, equal to VND 2trillion totally.

In 2017, DIG targets to reach revenue of VND 1,4trillion, after-tax profit of VND 128 billion and dividend payout ratio at 6 to 8 percent.

In the first 9 months of this year, its revenue was VND 351billion, a decrease of 58 percent compared over last year however; its after-tax profit increased 4 percent to reach VND 40billion.


DO DOAN-Translated by T.Tran

Other news

Most view

At the press conference of the pageant (Photo: Hanoimoi)

Miss Vietnam Global Identity 2018 kicked off

The preliminary rounds for the Miss Vietnam Global Identity 2018 will take place in Vietnam and other countries from June to September, according to the organization board.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Vocarimex plans to expand export markets

The Vietnam Vegetable Oil Industry Corporation -Vocarimex (code: VOC) has set its target the 2018 revenue will reach VND 4,8trillion, an increasing of 9 percent compared to 2017 and pre-tax profit target will be VND 300 billlion ($ 13 million), dividend payment ratio at 12 percent.

 

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.