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View Full Version : Real estate giant joins HOSE



boiman
22-12-2008, 06:40 PM
The country’s leading real estate company Hoang Anh
Gia Lai joint stock company (HAG) on December 22 officially listed its
shares on the Ho Chi Minh Stock Exchange (HOSE).


The company’s shares, coded HAG, were traded at 48,000 VND per unit during their first day of transaction.


This leading property enterprise close to 1.8 trillion
VND in charter capital and runs 23 subsidiary companies and five joint
ventures nationwide.


Starting from the furniture and interior decoration business, the firm took off when it expanded into real estate.


It has since tried its hand in rubber plantation and production, hydroelectric investment and mineral exploitation.


The name Hoang Anh – Gia Lai has gone beyond the
national border as the company started investment projects in Thailand
, Laos and cooperation in training talented footballers with the UK ’s
Arsenal football club.


From now to 2012, the company plans to grow 30,000 ha
of rubber trees in Central Highlands provinces and southern Laos ,
build nine hydropower plants with a total capacity of 248 MW. It also
aims to put on the market of 2.5 million sq.m of apartments and offices
for lease by that time.