On December 13, 2021, Deo Ca Transport Infrastructure Investment Joint Stock Company (stock code: HHV) said that it had received a document approving the listing principle on HOSE from the Ho Chi Minh City Stock Exchange and is in the process of supplementing and completing the paperwork as required.

Accordingly, based on the opinions of the members of the Listing Council, Ho Chi Minh City Stock Exchange will issue an official listing decision after HHV completes some final procedures.

HHV’s price on December 13, 2021

After receiving the Decision on listing registration from the Ho Chi Minh City Stock Exchange, HHV will disclose information about the listing according to regulations. Thus, when the mechanical problems were removed, HHV’s roadmap to change from UPCoM to HOSE was almost completed.

Previously, at the beginning of November 2021, HHV held an Extraordinary General Meeting of Shareholders to approve an adjustment plan to increase charter capital to 5,347 billion VND, “raising” the revenue target for the whole year of 2021 to 2,000 billion VND ( increased 65% compared to the plan approved by the AGM); raised the target of profit after tax to 283 billion VND (up 76% compared to the original plan), and approved the plan to sell shares incentives for existing shareholders…

In 2022, HHV will invest in Cam Lam – Vinh Hao, Trung Luong – My Thuan expressway projects, and is expected to invest in Dong Dang – Tra Linh, Huu Nghi – Chi Lang expressway… as well as some other real estate projects through various forms such as direct investment capital contribution, business cooperation, share transfer, etc. Total investment capital is expected to be nearly 4,000 billion VND.

Last time, HHV stock was also actively traded with many liquidity sessions in the top 1 of UPCoM. The market price of HHV also had many positive signals when it surpassed the peak of VND 27,000/share in the morning session of December 13.

According to data from the Hanoi Stock Exchange (HNX) about the trading indexes of UPCoM, HHV was in the Top 5 most traded stocks in November with a trading volume of 328 million and won the attention of investors for many months in a row.

TT