Lego plant builder Coteccons acquires 2 Singapore-invested infrastructure firms

Lego plant builder Coteccons acquires 2 Singapore-invested infrastructure firms

Coteccons Construction JSC, the contract builder of the Lego plant in southern Vietnam, has wholly acquired two Singapore-invested infrastructure-focused companies in a bid to expand its operations in this field.

Companies - Sun, February 11, 2024 | 3:31 pm

For contractor Coteccons, failure teaches success: chairman

For contractor Coteccons, failure teaches success: chairman

Losing the bid to build the Long Thanh airport terminal in the southern province of Dong Nai proved to be a blessing in disguise for Coteccons, a leading construction firm in Vietnam, said chairman Bolat Duisenov.

Companies - Wed, October 18, 2023 | 2:41 pm

Construction giant Coteccons to issue over 24.8 mln shares

Construction giant Coteccons to issue over 24.8 mln shares

Vietnam's leading construction company Coteccons has approved a plan to issue over 24.8 million shares, equivalent to 33.33% of the firm's outstanding shares, to raise its charter capital.

Companies - Sat, August 26, 2023 | 12:10 pm

Construction firm Coteccons' shareholders advised to buy in when price falls

Construction firm Coteccons' shareholders advised to buy in when price falls

Leading Vietnamese construction firm Coteccons’ chairman Bolat Duisenov said the company's shareholders should place their trust in its long-term outlook and purchase more shares when prices fall.

Companies - Wed, April 26, 2023 | 10:40 am

Construction giant Coteccons fails to hit 2022 revenue target

Construction giant Coteccons fails to hit 2022 revenue target

Leading Vietnamese private construction company Coteccons reported a 2022 revenue of VND14.5 trillion ($618.7 million), up 60% year-on-year and reaching 97% of its annual target.

Companies - Tue, January 17, 2023 | 9:50 pm

Ecosystem of Coteccons former chairman earns $1 bln in 2022

Ecosystem of Coteccons former chairman earns $1 bln in 2022

SOL E&C Investment Construction JSC, Newtecons and Ricons have earned total revenue of over $1 billion for the ecosystem related to Nguyen Ba Duong, former chairman of construction giant Coteccons.

Companies - Tue, January 3, 2023 | 11:32 pm

Hoa Binh conflict a reminder of construction giant Coteccons’ power struggle

Hoa Binh conflict a reminder of construction giant Coteccons’ power struggle

The ongoing internal conflict between Hoa Binh Construction Group's (HBC) board members is a reminder of the eight-year “war of power” at fellow construction giant Coteccons.

Companies - Tue, January 3, 2023 | 5:59 pm

Construction giant Coteccons posts $76,000 in Jan-Sep profit

Construction giant Coteccons posts $76,000 in Jan-Sep profit

Coteccons, a leading construction company in Vietnam, reported after-tax profits of VND1.9 billion ($76,000) in the first nine months of the year, down 97% year-on-year.

Companies - Tue, November 1, 2022 | 7:21 pm

Construction contractor Coteccons ventures into real estate development

Construction contractor Coteccons ventures into real estate development

Coteccons, known as Vietnam's leading construction contractor, has become a real estate project developer for the first time.

Real Estate - Tue, October 4, 2022 | 4:26 pm

Coteccons gets contract for $1 bln Lego facility in southern Vietnam

Coteccons gets contract for $1 bln Lego facility in southern Vietnam

Leading construction firm Coteccons has secured a contract to build a modern manufacturing facility for Lego Group in which the Danish toymaker will invest more than $1 billion.

Industries - Tue, August 23, 2022 | 9:06 pm

Top construction firm Coteccons appoints new general manager

Top construction firm Coteccons appoints new general manager

Coteccons, Vietnam’s leading construction company, announced Friday the appointment of Vo Hoang Lam as its new general director after leaving the position vacant for 18 months.

Companies - Fri, August 5, 2022 | 11:45 pm

Construction giant Coteccons reports $1 mln Q2 loss

Construction giant Coteccons reports $1 mln Q2 loss

Coteccons, Vietnam's leading private construction company, suffered a loss of VND23.8 billion ($1.02 million) in the second quarter of this year, against a $1.92 million profit in the same period last year.

Companies - Mon, August 1, 2022 | 9:42 am

Two major builders in fray for HCMC-Trung Luong expressway expansion

Two major builders in fray for HCMC-Trung Luong expressway expansion

Soon after the municipal transport department proposed that the HCMC-Trung Luong Expressway, which connects the city with the Mekong Delta provinces of Long An and Tien Giang, be expanded from four to eight lanes, two major builders - Deoca and Cienco 6 - have entered the project investor race.

Infrastructure - Sat, July 23, 2022 | 4:03 pm