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Viglacera established a company with a capital of VND 600 billion to do a project in Thai Nguyen
In addition to Thai Nguyen, this year Viglacera plans to contribute capital to establish Viglacera Hung Yen Joint Stock Company to invest in building, operating, and managing industrial parks in Hung Yen; establish a branch of Viglacera Yen Bai – Viglacera Corporation Joint Stock Company to implement an investment project in building, operating, and managing industrial parks in Tran Yen (Yen Bai).
The Board of Directors of Viglacera Corporation (stock code: VGC) has approved the establishment of Viglacera Thai Nguyen Joint Stock Company with a charter capital of VND 600 billion, of which the corporation will contribute VND 306 billion, equivalent to 51% of the charter capital. The capital source will be from its own funds. The capital source is from its own funds.
As of the end of Q1/2023, Viglacera owns 20 subsidiaries with a total investment value of VND 2,432 billion.
In Thai Nguyen, Viglacera plans to develop a complex of industrial parks – services – urban areas in Tay Pho Yen – Thai Nguyen with an area of 900 hectares, including 700 hectares of industrial parks and 200 hectares of urban areas and services.
According to the investment plan for the development of real estate in 2023, Viglacera stated that it will survey, develop investment projects, and invest in new industrial parks in locations with advantageous infrastructure, investment attraction, and business potential. At the same time, new legal entities and branches will be established to implement these projects.
In addition to Thai Nguyen, the company also plans to contribute capital to establish Viglacera Hung Yen Joint Stock Company to invest in building, operating, and managing industrial parks in Hung Yen; establish a branch of Viglacera Yen Bai – Viglacera Corporation Joint Stock Company to implement an investment project in building, operating, and managing industrial parks in Tran Yen (Yen Bai).
More details: https://vietnambiz.vn/viglacera-lap-cong-ty-von-600-ty-dong-lam-du-an-tai-thai-nguyen-202362882717382.htm
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