The transferee from LIG is Mr. Vu Duc Luu, at a price of 10,000 VND/share, corresponding to a deal value of approximately 10 billion VND.
Source: LIG
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LICOGI 13 – IMC is a subsidiary of LIG, established on December 25, 2009, through the merger of the LICOGI 13 Infrastructure Machinery Branch and the LICOGI 13 Building Materials Production Branch. The company is headquartered at the LICOGI 13 building, 164 Khuat Duy Tien, Nhan Chinh ward, Thanh Xuan district, Hanoi. The current Director and legal representative is Mr. Nguyen Huy Hung.
LICOGI 13 – IMC is known for its role as a construction contractor for transportation, hydropower, and industrial infrastructure projects, as well as for its involvement in civil engineering, solar power projects, and building materials production.
The company has participated in numerous national key projects and foreign-invested projects on a large scale, including the National Convention Center, Noi Bai Airport, Thang Long Industrial Parks in Dong Anh, Pho Noi, and Tam Dao, the Noi Bai – Lao Cai highway, and the Lai Chau hydropower plant, among others.
According to LIG’s recent annual reports, LICOGI 13 – IMC’s business performance has been declining, with after-tax profits of only VND 268 million and VND 243 million in the last two years, respectively, a significant decrease from the VND 646 million profit recorded in 2021.
As of the end of 2023, LICOGI 13 – IMC reported total assets of nearly VND 229 billion, of which owner’s equity accounted for just over VND 38 billion, with debt comprising 83% of total assets.
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