May

TRACODI Has Officially Listed 32.48 Million Shares on Ho Chi Minh City Stock Exchange (HSX)

TRACODI was previously the Transport Development Investment Corporation, under the Ministry of Transportation and Post, which was established in 1990. During the period of 1995-2007, TRACODI’s status quo was seperated and tranferred back to management under Civil Engineering Construction Corporation No.6, then under People’s Committee of Long An Province in 2005. After being converted into One Member Company Limited till 2013, TRACODI officially converted itself into a Joint Stock Company with shares held dominantly by the State. In 2015, TRACODI has officially operated as a 100% privatized company after SCIC divestment.

TRACODI Has Been Approved to List 32.48 Million Shares On Ho Chi Minh City Stock Exchange (HSX)

On May 17th, 2017, HSX has officially approved the initial listing of 32.48 million shares for Transport & Industry Development Investment JSC (TRACODI) with its stock quote of TCD and charter capital of 324.8 billion VND. In Q1 FY2017, the company’s revenue reached 167 billion VND, up by more than 90% over the same period of last year and profit after tax was 15.1 billion VND. TRACODI’s2017 General Annual Meeting 2017 has approved its 2017 business plan with a revenue of 879 billion VND, or 5.5% increase over 2016; and profit after tax of 63.67 billion VND, up by nearly 6%.