Ho Chi Minh stock exchange announced IPO of Tani Sugar Cane company in December 22th, 2015
Ho Chi Minh stock exchange announced IPO of Tani Sugar Cane company in December 22th, 2015
Curently, capitalization steering committee proposed to Tay Ninh Province People Committee 2 strategy investors, Thanh Thanh Cong Tay Ninh Sugar Cane JSC and Bien Hoa Sugar JSC, registered buying 8.44 million shares (28.7% of charter capital) and registered buying 3.62 million shares (12.3% of charter capital) respectively.
Tani Sugar was found since 1980 with currently 9 business unit members, joint-venture with sugar manufacture activity, rubber and plastic manufacture, et cetera. Moreover, there are 2 subsidiaries, Ben Keo Harbour and Tay Ninh rice manufacture factory.
Tani Sugar has its own sugar crop institute, specialized in providing new crops for Thanh Thanh Cong Tay Ninh Sugar Cane company.
In the early 9 months of 2015, Tani Sugar made VND 132 billion revenue, net profit was VND 19 billion. Total asset of company in September 30th, 2015 recorded VND 293.41 billion.
Source: Cafef