News

Intact Management Co. Ltd has just announced the trading results of TCD shares of Transport and Industry Development Investment Joint Stock Company (Tracodi – securities code TCD). Accordingly, on 30 May, Intact Management purchased 3,248,500 shares equivalent to 10% charter capital of Tracodi and became a major shareholder. Prior to this transaction, Tradico has not owned any TCD shares yet.

Accordingly, in the discussion, shareholders questioned the company’s leadership on the problem of Vinataxi’s existence (TCD holds 30% of capital) in the face of intense competition from Uber and Grab.

On April 10, Nguyen Van Cuong, Director of Bang Duong Investment Construction Trade Company Limited (joint venture investor), said that from 15/4, the project will start testing to charge fee in 30 days for BOT (build – operate – transfer) named DT 830 (section from An Thanh bridge to Duc Hoa town), Long An province.

Construction is expected to start in the first quarter of next year, and the plant will begin to generate electricity in the second quarter of 2019. With its experience in renewable energy development and construction, Coara Solar will be the EPC (Engineering Procurement and Construction) contractor, providing technology and technical consultancy and carrying out the construction.

Long An, on June 22, 2017, BCG Băng Dương and Hanwha signed a joint investment agreement on the implementation of solar power projects. The signing ceremony was joined by the leaders of the province, departments and representatives of the two parties.