PORTAL - On the morning of August 31st, at the Ho Chi Minh City Stock Exchange, the ceremony to award the listing decision and celebrate the official trading day of BCM shares of the Investment And Industrial Development Corporation - JSC (Becamex IDC) on the Ho Chi Minh City Stock Exchange (HOSE).
Attending were representatives of the State Securities Commission, Ho Chi Minh City Stock Exchange and leaders of Becamex IDC and partners.
At the ceremony, 1,035,000,000 BCM shares were officially listed with the reference price of the first trading session of VND 28,000/ share.
Mr. Pham Ngoc Thuan (left) - Becamex IDC's General Director receives the decision to approve the listing of BCM shares on HOSE
Mr. Nguyen Van Hung - Chairman of the Board of Directors of Becamex IDC performs the gong-playing ceremony, officially brought BCM shares to HOSE
Mr. Nguyen Van Hung - Chairman of Becamex IDC Corporation said that listing on the Ho Chi Minh City Stock Exchange is an important step, confirming the transparency and reputation of Becamex IDC with domestic and foreign partners, investors, and financial institutions. Also, increasing liquidity, reflecting the sustainable development of Becamex IDC during its establishment and development; opening up many opportunities for cooperation and attracting strong capital will help Becamex IDC secure resources to continue to invest and develop many strategic projects. Moreover, this event not only brings direct benefits to investors and shareholders, but also contributes to the socio-economic development of Binh Duong, creating pervasiveness to many provinces and cities in country.
BCM stock price movement at 9:41 am dated August 31st on HOSE
At the beginning of the session (9:41 am), BCM share was pushed up to the ceiling price of 33,600 dong (an increase of 20% compared to the reference price of 28,000 dong) with sudden increase in nearly 100,000 units.
Before that, all Becamex IDC shares were traded last session on UpCOM on August 19, 2020 and canceled the transaction registration to switch to HOSE. BCM closed the last session on UpCOM at 30,100 dong / share; order nearly 40,000 units.
Founded in 1976, after more than 40 years of construction and development, up to now, Becamex IDC has become a reputable brand in the field of investment and construction of infrastructure of industrial parks, residential areas and urban areas and transport infrastructure. In the second quarter of 2020, Becamex IDC has an estimated total revenue of VND 434,170 million, total estimated costs of VND 383,169 million, and pre-tax profit of VND 51,001 million.