geleximco proposes takeover of logistics centre and seaport

Geleximco proposes takeover of logistics centre and seaport

While Hanoi General Export Import JSC (Geleximco) is waiting for the government’s approval to take over the $2.2-billion Quynh Lap 1 thermal power plant, the company is also interested in developing a large-scale logistics centre and a seaport in the southern province of Ba Ria-Vung Tau.
mb capital becomes major shareholder of gelex

MB Capital becomes major shareholder of Gelex

MB Capital is estimated to have spent VND410 billion ($18 million) on a deal to increase its holdings at Gelex.
dragon capital becomes large shareholder of gelex

Dragon Capital becomes large shareholder of GELEX

Dragon Capital has just bought 813,110 shares to raise its ownership to 5.05 per cent in Vietnam Electrical Equipment JSC (GELEX).
geleximco hui may take over 2 billion quynh lap 1 thermal power plant

Geleximco-HUI may take over $2-billion Quynh Lap 1 thermal power plant

Hanoi General Export Import JSC (Geleximco) and Hong Kong United Co., Ltd. have received the approval from the Ministry of Industry and Trade (MoIT) to take over the $2.2-billion Quynh Lap 1 thermal power plant.  
gelex fined to more than 53000 for erroneous tax declaration

GELEX fined to more than $53,000 for erroneous tax declaration

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.
second solar farm kicked off in ninh thuan

Second solar farm kicked off in Ninh Thuan

This morning, Gelex Energy One Member Company Limited, a subsidiary of Vietnam Electrical Equipment JSC (Gelex), kicked off the construction of its solar farm in the central province of Ninh Thuan, marking the second such project in the province this year.
gelex ambitions to lead electrical equipment industry

Gelex ambitions to lead electrical equipment industry

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.
geleximco unswayed by investors refusal to hand over thermal power plants

Geleximco unswayed by investors' refusal to hand over thermal power plants

In spite of being refused by existing investors to develop the billion-dollar thermal power plants, Geleximco is still determined to take over the projects.
vung tau paradise resort lowers criteria for new investors

Vung Tau Paradise Resort lowers criteria for new investors

A number of domestic and foreign investors, including Geleximco, Vingroup, and Sebrina Holdings Pte., Ltd., among others, expressed interest in developing the unfinished Vung Tau Paradise Resort after the Ba Ria-Vung Tau People’s Committee lowered the criteria to select new investors to replace Vung Tau Paradise Company, according to newswire Phapluat.
pstc and gelex to kick off 54 million solar farm this month

PSTC and Gelex to kick off $54-million solar farm this month

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.
vinacomin and evn protest geleximco huis thermal power plants proposal

Vinacomin and EVN protest Geleximco-HUI’s thermal power plants proposal

State-run Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) and Electricity of Vietnam (EVN) protested against Geleximco’s proposal to co-operate with Chinese partners to develop billion-dollar thermal power plants.
gelex lists on hose

GELEX lists on HOSE

The HCM Stock Exchange (HOSE) has announced the listing and trading of shares in Vietnam Electric Equipment Joint Stock Corporation’s (GELEX).
foreign investors swarm long thanh airport project

Foreign investors swarm Long Thanh airport project

In an attempt to reaffirm their ambitions of developing Long Thanh International Airport in the southern province of Dong Nai, Hanoi General Export Import JSC (Geleximco) and Hong Kong United Investors Holding (HUI) submitted their proposal to the prime minster for approval.  
hanoi hong kong partnership offers 50 billion traffic infrastructure investment

Hanoi-Hong Kong partnership offers $50 billion traffic infrastructure investment

Hanoi General Export Import JSC (Geleximco) and Hong Kong United Investors Holding (HUI) expressed interest in co-developing four large-scale traffic infrastructure projects in Vietnam.
geleximco pursues philosophy of synthesising resources sharing successes

Geleximco pursues philosophy of “synthesising resources, sharing successes”

After more than two decades of development, the Hanoi General Export Import JSC (Geleximco) has now become one of Vietnam’s leading private business groups.