The signing ceremony for the land sublease contract between IDICO Corporation - JSC and Phu My Ultra Clear Float Glass Co., Ltd - PFG (a subsidiary of Viglacera Corporation - JSC) was held on the morning of October 6, 2022, at the IDICO head office.
On the morning of October 12, 2021, IDICO Corporation (HNX: IDC) successfully held the Extraordinary General Meeting (EGM) in 2021 in the online form. The meeting approved important contents bringing many benefits to shareholders: adjusting the business plan, increasing dividend rate in 2021, electing members of the Board of Directors and other contents. Specifically contents are as follows: The meeting approved the adjusted business plan: Increase the total revenue of the holding company in 2021 from 996 billion VND to 1,711.4 billion VND; profit after tax increased from 460.3 billion VND to 1,032.3 billion VND. The dividend rate in 2021 will also be increased from 10% to 40%, including 30% in cash and 10% in shares.
IDICO is having 650-700ha of available clean land fund for lease in industrial parks such as Phu My 2 Industrial Park, Phu My 2 expansion Industrial Park in Ba Ria - Vung Tau province; Huu Thanh Industrial Park in Long An province; Cau Nghin Industrial Park in Thai Binh province; Que Vo 2 Industrial Park in Bac Ninh province. And it is expected that in June 2022, IDICO will add and put into operation ready-built-factories and warehouses for rent in Huu Thanh Industrial Park.