Song Da 2 JSC
UUPCOM:SD24,000.00
VND
0.00
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Song Da 2 JSC
UPCOM:SD2
(Unlisted Public Company Market)
Recent
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4,000.00
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ROIC.AI
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- Business
- Song Da 2 Joint Stock Company is a Vietnam-based engineering, construction, and real estate development enterprise that specializes in energy infrastructure, civil engineering, and urban property development. Founded in 1980 as the Civil Construction Company under Song Da Corporation and restructured as a joint-stock company in 2006, the company is headquartered in Hanoi, Vietnam, and operates across domestic and regional Southeast Asian markets. The company organizes its core business operations across four primary divisions: Construction and Engineering, Real Estate Development, Building Materials and Mining, and Industrial Services. In Construction and Engineering, the company provides turnkey engineering, procurement, and construction (EPC) and general contracting services for hydroelectric power plants, thermal power stations, electrical substations, and power transmission lines; heavy industrial facilities and manufacturing plants; civil buildings, high-rise residential towers, and public administrative centers; and transportation infrastructure comprising expressways, highways, bridges, tunnels, and port facilities. In Real Estate Development, the company engages in land clearance, investment, construction, and property management of integrated residential urban areas, commercial housing projects, office complexes, and retail spaces, including flagship developments such as the Ho Xuong Rong Urban Area in Thai Nguyen and residential areas in Hoa Binh and Thanh Hoa. In Building Materials and Mining, the company manufactures and distributes commercial ready-mix concrete, precast concrete components, and hot-mix asphalt concrete; and operates quarries for the extraction and processing of construction aggregates, industrial sand, gravel, and stone. In Industrial Services, the company provides leasing, maintenance, and technical operation of heavy construction machinery, earthmoving equipment, and specialized transport vehicles; engineering design and project management consulting; and commercial trading and import-export of construction materials and industrial machinery. In recent company developments, Song Da 2 transitioned its public stock quotation to the Unlisted Public Company Market (UPCoM) under the ticker symbol SD2 following its delisting from the Hanoi Stock Exchange (HNX). The company has actively restructured its operations to optimize capital efficiency, resolve legacy construction contracts, and expand strategic joint ventures for urban residential land development, notably advancing consortium partnerships for large-scale housing projects in Thanh Hoa province while continuing contractor participation in key national infrastructure and industrial manufacturing projects.