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Old April 13th, 2010, 05:59 AM   #1
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HANOI | Hanoi ICT Tower | 30 fl | Prep

News/Ha Noi - Vietnam Industry and Trade Securities Co signed a contract to carry out construction project of multifunctional Hanoi ICT Tower on April 8, 2010.

In details, the project is sited on land plot No 3-E9, opposite the National Convention Centre, Hanoi. The company signed cooperation contract with other partners of Hanoi Informatics and Telecommunication Association, Thang Long Investment Group Joint Stock Co, Hanoi Information Technology and Communication Joint Stock Co to select consulting contractor of Germany-based Inros Lackner Group with representative of Inros Lackner Vietnam LLC and Vietnamese partner of Vietnam Construction Investment and Designing Joint Stock Co.

Hanoi ICT Tower project has total flooring area of 45,360 square metres with other functional areas of trade centre, services, and offices. VIG has been selected as the partner for capital arrangement with total holdings rate of total 30 percent of the flooring areas of about 16,000 square metres.
Source : http://www.uni-bros.com/en/news.php/...id=13887/cid=3

Vietnam Industrial and Commercial Securities Joint Stock Co (coded VIG) has recently announced that the company will officially invest 30 percent stake in Hanoi ICT Tower project at E9 land area, Pham Hung St, opposite to National Conference Centre, in Hanoi.

The project with total investment of 600 billion dong will include trade centre, securities trading floor and office for lease.

The work on the project is expected to be started in Q3 2010 and finished in 2012.

Once starting operation, the project is expected to bring 150-200 billion dong in profit for VIG.

As planned, VIG will hike chartered capital to 450 billion dong within this month to increase the company’s finance capacity and carry out some issuing underwriting specifications and invest in founding shareholders such as Vinachem Vinapaco, Thanglong Invest Group, cooperate with Agribank Gold Corp (AJC).

In addition, the company plans to open more ten branches and securities transaction offices in Hanoi, HCM City and Da Nang.

VIG’s shareholders’ meeting recently passed a plan to pay 2009 dividend at 7.5 percent in cash (shareholders holding one share will receive 7,500 dong).
Source : http://vietnambusiness.asia/vig-hold...tower-project/
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Old April 14th, 2010, 01:55 PM   #2
Eric Offereins
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Nice tower. The setback in the corner is done well, it looks like a piece was cut out.
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