Taseco Land joins the Ho Chi Minh City Stock Exchange
The Ho Chi Minh City Stock Exchange has approved the listing of shares for Taseco Land, a leading real estate investment company. This move will bring over 311.85 million common shares to the exchange, with a charter capital of nearly VND 3,119 billion. Each share is valued at VND 10,000.
As of the trading session on June 30, 2025, TAL shares were trading on the UPCoM exchange at a closing price of VND 28,000 per share, with a market capitalization of over VND 8,731 billion.
Taseco Land to pay 2024 dividends to shareholders
Prior to this development, Taseco Land announced that it would finalize its list of shareholders to implement the 2024 dividend payment in cash. The company is set to distribute nearly VND 467.8 billion in dividends for the year, with a payout ratio of 15%. Shareholders owning one share will receive VND 1,500 in dividends. The record date for this dividend payment is July 8, 2025, and the expected payment date is July 30, 2025.
As of March 31, 2025, Taseco Group, the parent company of Taseco Land, held over 226 million TAL shares and is expected to receive approximately VND 339 billion from this dividend payout.
In terms of business performance, Taseco Land recorded impressive results in the first quarter of 2025, with net revenue reaching nearly VND 375.9 billion, up 21.6% year-over-year and achieving 8.7% of its annual plan. Net profit surged 118.6% from the previous year to over VND 22.3 billion, representing 4.2% of its annual target.
Established in 2009 and headquartered in Hanoi, Taseco Land is a prominent real estate developer and a key member of the Taseco Group ecosystem.
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