Southern airport services company plans to list on southern bourse
The Southern Airport Services Join Stock Company intends to list on the Hochiminh Stock Exchange this year.
The Southern Airport Services Join Stock Company intends to list on the Hochiminh Stock Exchange this year.
SASCO, which held an IPO last September at the exchange for an average price of 19,330 VND and has a chartered capital of 1.315 trillion VND (61 million USD), is now wrapping up procedures for listing on UPCoM in the second quarter.
The Government owns 51 percent of the company, leaving the rest to strategic partners (almost 24 percent), the public and employees.
The company's interests include duty-free shops, foreign currency exchange, transportation and others.
This year it expects to earn a profit from operations of almost 165 billion VND, rising to 176 billion VND in 2016. Last year's earnings were 86 billion VND.-VNA
SASCO, which held an IPO last September at the exchange for an average price of 19,330 VND and has a chartered capital of 1.315 trillion VND (61 million USD), is now wrapping up procedures for listing on UPCoM in the second quarter.
The Government owns 51 percent of the company, leaving the rest to strategic partners (almost 24 percent), the public and employees.
The company's interests include duty-free shops, foreign currency exchange, transportation and others.
This year it expects to earn a profit from operations of almost 165 billion VND, rising to 176 billion VND in 2016. Last year's earnings were 86 billion VND.-VNA
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