Thành Thành Công Industrial Park JSC (TTC IZ) has officially completed the purchase of 3 million SCR shares, increasing its ownership in Saigon Thuong Tin Real Estate JSC – TTC Land (HOSE: SCR). This move not only reaffirms its long-term commitment but also demonstrates strong confidence in SCR’s growth potential in the real estate sector.
Strengthening Strategic Partnership
With the completion of its purchase of 3 million SCR shares, TTC IZ continues to solidify its position as a key shareholder in TTC Land. This move reflects TTC IZ’s confidence in TTC Land’s development strategy and business direction amid a gradually recovering market. The acquisition comes just ahead of TTC Land’s Annual General Meeting (AGM) for the fiscal year 2024, scheduled for April 2025—an important event where key business strategies and decisions are expected to be approved. TTC IZ’s increased ownership is seen as a positive signal, fostering sustainable growth for SCR stock in the coming period.
According to experts, the industrial real estate sector holds significant growth potential. Compared to Thailand and Indonesia, Vietnam’s industrial park occupancy rate still has room for further expansion. Rental prices continue to increase by an average of 10-15% per year, offering a substantial advantage for companies with clean land reserves and strategic locations, enhancing their ability to attract investment and expand operations.
With nearly 20 years of experience in industrial park development, TTC IZ is a pioneer in obtaining third-party credit ratings, ensuring operational transparency and proactively publishing its “Sustainability Report.” This commitment to sustainable development builds trust with customers and underscores the company’s social responsibility. TTC IZ is also focused on developing eco-industrial parks, reinforcing its role as more than just a shareholder but also a key contributor to TTC Land’s value creation.
Deeper involvement in the business can help optimize capital resources, maximize land use efficiency, and accelerate the implementation of large-scale, modern projects that meet the needs of both domestic and international investors. As a strategic shareholder, TTC IZ will further support TTC Land in realizing its long-term strategic vision, as outlined in the fiscal year 2023 AGM.
The Thành Thành Công Industrial Park spans 1,020 hectares and is strategically located in Tây Ninh province.
Industrial Real Estate – A Growth Engine for TTC Land
Previously, TTC Land announced its expansion into the industrial real estate sector by leasing land use rights and acquiring nearly 5 hectares of ready-built factories at Thành Thành Công Industrial Park (Tây Ninh).
While Q1 2025 is yet to conclude, TTC Land’s business landscape has already undergone significant transformation through a series of strategic moves, including acquiring the Cù Lao Tân Vạn project (Đồng Nai), breaking ground on the resort subdivision of the Selavia Phú Quốc project in collaboration with Toàn Hải Vân JSC, successfully executing an M&A for the Sống Centre shopping mall project (Bạc Liêu), and ensuring the on-schedule handover of the commercial podium of TTC Plaza Đà Nẵng to AeonMall in April 2025.
SCR stock liquidity has remained strong, with an average daily trading volume of 4.2 million shares since the beginning of the year. As of the close of trading on March 20, 2025, SCR reached 6,650 VND per share, marking a 20% increase since the start of the year. Foreign investors have net bought over 3.5 million shares year-to-date.
According to Green Economy Business