12-11-2023 21:43
On November 10, Sembcorp Industries (Sembcorp) announced that its wholly-owned subsidiary, Sembcorp Solar Vietnam Pte Ltd, has reached an agreement to acquire majority interests ranging from 73 per cent to 100 per cent in various subsidiaries of Gelex Group Joint Stock Company (Gelex).
22-09-2023 17:11
Frasers Property Vietnam (FPV) and GELEX Group jointly broke ground on the Industrial Centre Yen Phong 2C in Bac Ninh province on September 19, to make their first industrial and logistics project in North Vietnam since the signing of a partnership agreement in March.
02-03-2023 12:12
Frasers Property Vietnam (FPV), one of Vietnam's leading diversified property developers, announced its partnership with local multi-sector investment holding company Gelex Group on March 1 to grow its industrial portfolio and build its presence across northern Vietnam. The combined investment totals approximately $250 million.
19-01-2018 10:47
The HCM Stock Exchange (HOSE) has announced the listing and trading of shares in Vietnam Electric Equipment Joint Stock Corporation’s (GELEX).
04-07-2020 10:36
The Vietnam Electrical Equipment JSC (Gelex) plans to acquire a 21 per cent stake in the industrial group Viglacera.
20-02-2012 08:15
The Vietnam Electrical Equipment Joint Stock Corporation, popularly known as GELEX, has become the main sponsor of a new TV ‘green’ programme.
14-07-2018 08:00
MB Capital is estimated to have spent VND410 billion ($18 million) on a deal to increase its holdings at Gelex.
28-06-2018 12:02
Dragon Capital has just bought 813,110 shares to raise its ownership to 5.05 per cent in Vietnam Electrical Equipment JSC (GELEX).
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.
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.