Coma 18 applies to list on southern bourse

Hochiminh Stock Exchange (STC) on Monday announced that Coma 18 Joint Stock Co applied for listing on the southern bourse under the consultancy of Thang Long Securities Co.

Coma 18, whose 51 percent stake is held by Construction Machinery Corp (Coma), is headquartered at Km 10, Thuong Dinh Ward, Nguyen Trai St, Thanh Xuan Dist, Hanoi. It specialises in construction, installation and real estate investment.

Last year Coma 18 reported gaining 119.71 billion dong in revenues and 16.54 billion dong in aftertax profit, which are expected to be 285 billion dong and 51.84 billion dong.

The realty projects Coma 18 is implementing are Westa high-class apartment building in Mo Lao urban area; construction on two industrial zones such as Nhuan Trach (in Luong Son Dist, Hoa Binh province) with an area of 213,68 hectares and 1.2 trillion dong in total estimated cost and Kim Thanh 164.98-ha IZ costing 1 trillion dong in Hai Duong province and others.

Tags: Vietnam stock news

Posted by VBN on Mar 29 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry