IP developer Kinh Bac backs out of plans to buy fund shares, pay dividends

IP developer Kinh Bac backs out of plans to buy fund shares, pay dividends

Leading industrial park developer Kinh Bac will propose canceling plans to buy fund shares and paying a 20% cash dividend at an upcoming extraordinary general meeting (EGM) of shareholders.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Famous Vietnamese entrepreneurs born in year of the Dragon

Famous Vietnamese entrepreneurs born in year of the Dragon

With intelligence, a hard-working mentality and great ambition, entrepreneurs born in the year of the Dragon are often full of energy and easily achieve wealth and power.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial park developer Kinh Bac reports $85 mln H1 profit

Industrial park developer Kinh Bac reports $85 mln H1 profit

Leading industrial real estate developer Kinh Bac City Development Holding Corp. reported revenues of VND4.5 trillion ($189.99 million) and profits of VND2 trillion ($84.5 million) in the first six months of this year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial park developer Kinh Bac targets 2.5-fold profit hike in 2023

Industrial park developer Kinh Bac targets 2.5-fold profit hike in 2023

Kinh Bac City Development Holding Corp., one of Vietnam's leading industrial real estate developers, is targeting revenue of VND9 trillion ($383.26 million) in 2023 and after-tax profit of VND4 trillion ($170.34 million), up 9.5 times and 2.5 times year-on-year, respectively.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial park developer Kinh Bac's 2022 profit up 18%

Industrial park developer Kinh Bac's 2022 profit up 18%

Kinh Bac City Development Holding Corp., one of Vietnam's leading industrial real estate developers, reported an after-tax profit of VND1,596 billion ($68 million) in 2022, up 18% year-on-year and fulfilling 35.5% of its target.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Kinh Bac chairman completes 25 mln KBC shares purchase

Kinh Bac chairman completes 25 mln KBC shares purchase

Dang Thanh Tam, chairman of Kinh Bac City Development Holding Corp., one of Vietnam's leading industrial real estate companies, has completed his purchase of 25 million shares of the developer.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Long An to get new 654-hectare industrial park

Long An to get new 654-hectare industrial park

Authorities in Long An province bordering Ho Chi Minh City presented an investment policy decision to a Saigontel JSC subsidiary on Tuesday for the construction of a 654-hectare industrial park.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

KBC Group subsidiary invests $40 mln to expand Quang Chau IP in Bac Giang

KBC Group subsidiary invests $40 mln to expand Quang Chau IP in Bac Giang

Saigon-Bac Giang Industrial Park Corporation has been approved to expand Quang Chau Industrial Park, home to a factory of the world's biggest electronics contractor Foxconn, in Bac Giang province.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

KBC's industrial park 'empire'

KBC's industrial park 'empire'

KinhBac City Development Holding Corporation (KBC), one of Vietnam's leading industrial real estate companies, is managing about 5,188 hectares of industrial park developments.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7