In our role as advisors, the leadership of KBSV Securities also attended the listing inauguration ceremony of Tri Viet Group Joint Stock Company at the Hanoi Stock Exchange to congratulate them on this important milestone.
Tri Viet Group Joint Stock Company is a leading and reputable organization in the field of investment and educational development in Vietnam, specializing in providing diverse programs in life skills education, STEM education, and experiential learning based on international standards. The company boasts an extensive ecosystem, including three training centers and two outdoor educational camps in Hanoi and Thai Nguyen.
This transfer marks a turning point for the company as it enters a “playing field” with higher requirements for transparency and corporate governance. This move also opens up opportunities for Tri Viet Group Joint Stock Company to enhance its access to capital from both domestic and foreign investors, driving efficient business operations and supporting the company’s next growth phase.
In recent years, the market has witnessed numerous fluctuations, and the listing requirements and review criteria have become increasingly stringent, making it challenging for new companies to get approved for listing or transfer. Tri Viet Group Joint Stock Company is recognized as the 16th company to receive HNX’s approval this year. This achievement is a testament to the collective efforts of the company’s leadership and employees, coupled with the professionalism and extensive experience of the advisory team from the Investment Banking Division of KBSV Securities. With their expertise and understanding of the business, KBSV successfully advised and completed the necessary procedures within just three months.
Mr. Jeon MunCheol, CEO of KBSV Securities, attended the event to celebrate this new beginning for Tri Viet Group Joint Stock Company.
Mr. Jeon MunCheol, CEO of KBSV Securities, shared his thoughts: “We are delighted to be part of this significant bell-ringing ceremony for Tri Viet today. This is also a great joy for KBSV, as we are one of the few foreign-owned enterprises successfully providing listing advisory services in Vietnam. Moving forward, our IB team will continue to strive and gain experience to better serve Vietnamese enterprises.”
Looking back at its track record, KBSV Securities has also made a resounding impact in listing advisory, bond issuance advisory, and more, with notable transactions such as advising on the listing of TNS Holding Commercial Services Joint Stock Company (TN1) and Post and Telecommunications and Informatics Joint Stock Company (ICT), as well as bond issuances for Vinhomes, Sungroup, Masan, and Doji.
“GELEX Ranks in the Top 50 Most Profitable Enterprises in Vietnam for 2024”
For the fifth consecutive year, GELEX has secured its position in this prestigious ranking, a testament to its sustained and robust business performance. This achievement underscores the company’s consistent excellence and resilience in a dynamic market landscape.
The Market Beat: Downward Momentum Persists, VN-Index Loses 1,260-Point Mark
At the end of the trading session, the VN-Index declined by 4.69 points (-0.37%), settling at 1,252.72. The HNX-Index witnessed a marginal loss of 0.06 points (-0.03%), closing at 224.63. The market breadth tilted towards decliners, with 377 stocks trading lower against 286 gainers. The VN30-Index, representing the top 30 stocks by market capitalization and liquidity, exhibited a similar trend, with 19 stocks closing in the red, 4 in the green, and 7 remaining unchanged.