25-10-2024 16:48
On October 25, Vietnam Investors Service and Credit Rating Agency JSC (VIS Rating) announced the long-term issuer credit rating for GELEX at A, with a stable outlook.
03-07-2023 09:56
Vietnamese conglomerate Gelex Corporation is in negotiations to divest its stakes in power projects to foreign inevstors.
02-05-2018 22:32
The annual general shareholders’ meeting (AGM) of Vietnam Electrical Engineering Equipment JSC (Gelex, HoSE: GEX) on April 27 approved comprehensive restructuring in three segments. The firm designated electrical devices as the main sector helping it to maintain its leading position in the industry.
19-11-2024 09:53
On November 15 in Hanoi, the representative of the US Green Building Council awarded the LEED Platinum v4.1 green building certification to the investor of the GELEX Tower building.
09-06-2018 19:25
The Hanoi Department of Taxation has just issued a fine of more than VND181 million ($8,000) to Vietnam Electrical Equipment JSC (GELEX) for erroneous tax declaration, along with over VND1.03 billion ($45,400) in tax arrears and late payment fees.
18-06-2020 11:43
The financial market has seen high volatilities in the wake of the ongoing COVID-19 pandemic, and financial and credit institutions have become more cautious in lending and investment, focusing more on risk management. Despite market vulnerabilities, Shinhan Securities Vietnam Co. Ltd. (SSV) successfully arranged the issuance of three-year bonds valued at VND700 billion ($30.5 million) for Vietnam Electric Equipment Joint Stock Corporation (Gelex) last month.
19-05-2020 16:54
Gelex will give up logistics, which is one of its four core business sectors, and divest from Dong Nai Port JSC to wade deeper into industrial park development.
21-04-2019 14:58
After three years of comprehensive restructuring, Gelex has gained outstanding growth in the four key business lines of industry, utility (including power generation and clean water), logistics, and real estate.
03-04-2018 18:39
Power Solution Technologies Public Company Limited (PSTC) from Thailand and Vietnam Electrical Equipment JSC (Gelex) have accelerated procedures to kick off the construction of Gelex solar farm located in the central province of Ninh Thuan this month.
02-12-2024 17:40
GELEX was honoured along with 15 other businesses as conductors of outstanding deals this year at the 2024 Vietnam M&A Forum in Hanoi on November 27.
04-11-2024 18:22
SK Group has successfully sold 76 million shares in Masan Group on October 31 via the put-through method.
04-09-2024 15:25
South Korean conglomerate SK Group and Vietnamese corporation Masan Group (HSX: MSN) announced an agreement on September 4 to extend the timeline for SK Group's put option with Masan by up to five years.
26-02-2022 14:31
Both groups signed an MoU for the development and rollout of energy and environmental solutions for large-scale decarbonisation, as well as for smart and sustainable urban development and township management services.
24-04-2021 15:31
Beta Group and Alphanam Group have signed a strategic cooperation agreement this month to mark the cooperation between the two parties in the serviced apartment sector in Vietnam.
02-10-2018 16:24
Masan Group Corporation (HSX: MSN) today announced the completion of SK Group’s (SK Group) purchase of 109,899,932 treasury shares at VND100,000 ($4.4) per share, a total consideration of approximately $470 million. SK Group is now the largest foreign shareholder of Masan Group.