Tuesday, 13 May 2008

Sai Gon General Service Corp will list shares on HOSE

Tuesday, May 13, 2008
Sai Gon General Service Corporation made pre-tax profits of VND80 billion (US$5 million) this year from total revenue of VND2.2 trillion ($137.5 million).
Shareholders would receive a 15% dividend, said the company’s general director, Nguyen Vinh Tho.
Savico will continue to invest its capital into three main fields, trading services (40 per cent), real estate (35 per cent) and financial investment (15 per cent).
It recently announced that it would list its shares, with the code SVC, on HCM City Stock Exchange (HOSE) instead of on the Ha Noi Securities Trading Centre (HaSTC).