SII’s 40m shares officially to be traded on STC

11-Sep-2012 Intellasia | Thoi bao Kinh te Vietnam | 1:36 PM

Fouty million shares of Saigon Infrastruction Real Estate Investment JSC (coded SII) will be officially traded the first session on HCM Stock Exchange (STC) on September 12, 2012 at the reference price of 12,500 dong per share and the price margin at +/-20 percent.

SII raised its chartered capital up to 400 billion dong since June, 2012 and change its business into infrastructure and real estate. SII has transferred contributed capital of its partners into implementing infrastructure and real estate projects. Since 2011, SII has determined that environmental infrastructure is the key sector for its investment and service supplying activities.

In 2012, SII plans to reach 234 billion dong of revenue, 86.4 billion dong of profit after tax and 20 percent of cash dividend.