The market for unlisted public companies, UPCoM, is to receive six new share listings of Tia Sang Batery Co, Dong Bac Food Co, Thong Nhat Match Co, Ha Bac Hung Phat Chemicals Co and Viet Tri Paper Co at the end of this year.

Vietnam Industrial and Commercial Securities Corp (VICS) in co-operation with the Hanoi Stock Exchange (HNX) and the Vietnam Securities Depository on November 18 held a singing ceremony “Consulting Contract for UPCoM Registration” and “Transaction Registration Roadmap” for the six companies above.

Following the contracts, the six companies projected to list about 25 million to 30 million shares in total at the end of December, Bui Dinh Nhu, VICS’s Director of Corporate Finance Advisory, said.

UPCoM, established in June 2009, aims to narrow transactions on the free market, consolidate management of unlisted companies, increase information transparency of companies and reduce risks for investors.

It has 24 listed companies with a total volume of 267.4 million shares as of November 17.

VICS is to list 15 million shares on the HNX on December 1. As of October-end VICS exceeded its revenue target for the entire year by 50 percent and profit target by 75 percent./.