More than 1 billion shares of Becamex IDC listed at HSX

September 01, 2020 | 10:28

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More than 1 billion shares of Becamex IDC were officially listed to trade for the first day on the Ho Chi Minh City Stock Exchange (HSX) on August 31 at the reference price of VND28,000 ($1.22).

As one of the leading corporations in Vietnam in the field of industrial and urban real estate development, the listing ceremony and celebration of the official trading day of Becamex IDC's BCM shares was a key development milestone for the company.

more than 1 billion shares of becamex idc listed at hsx

According to Pham Ngoc Thuan, general director of Becamex IDC, listing on the HSX is an important step, affirming the corporation's transparency and reputation among domestic and foreign partners, investors, and financial institutions, increasing liquidity, demonstrating the sustainable development of Becamex IDC since its inception.

Regarding the corporation’s upcoming strategy, Thuan said that Becamex IDC will continue to create breakthroughs in new areas of development, where it has spent a lot of resources on extensive research, investment, and preparation. Among those are the implementation of the digital transformation project, building a Science and Technology Industrial Park, developing the World Trade Centre of Binh Duong New City, and establishing the Centre for Research and Development Applications – Smart Manufacturing 4.0.

“With all these efforts, I believe we will contribute to the sustainable development of Binh Duong province and Becamex IDC,” Thuan said.

Becamex IDC owns 14 industrial parks with a total area of more than 14,400 hectares, occupying 11.4 per cent of the total industrial land area in Vietnam.

In Binh Duong province, Becamex IDC directly manages six parks with a total area of 2,923ha.

By Bich Ngoc

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