Vinh Ha Food Processing & Construction JSC

    Vinh Ha Food Processing & Construction JSC

    UUPCOM:VHF
    2,100.00
    VND
    +600.00
    (+40.00%)
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    Capital Structure

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    Company Description

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    IPO Date
    May 7, 2010
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    Vinh Ha Food Processing & Construction JSC is a Vietnam-based diversified enterprise engaged primarily in agricultural and food processing, industrial manufacturing, civil engineering and construction, commercial trading, and real estate operations. Founded in 1993 and headquartered in Hanoi, Vietnam, the company operates across several integrated business segments: food and agricultural processing, encompassing the processing, wholesale, retail, and direct import and export of agricultural commodities, staple foods, grains, and agricultural supplies; industrial manufacturing, including the production of non-alcoholic beverages and soft drinks, as well as the manufacturing and distribution of specialized food packaging materials; construction and engineering, comprising the contracting, development, and execution of civil, industrial, transportation infrastructure such as bridges and roads, irrigation works, and dyke systems, alongside the manufacturing of construction materials; commercial distribution and retail, covering the retail sale of liquefied petroleum gas and petroleum fuels, as well as the wholesale agency distribution of steel products, steel piping, and non-ferrous metals; real estate and logistics, involving commercial property investment, office and warehouse leasing, and road and waterway freight transportation and agency services; and auxiliary services, including restaurant and catering management, aquaculture operations, and technical vocational training and job placement services. The company also participates in real estate development initiatives through joint ventures, including BIG-Tungsing Co., Ltd. for commercial office assets in Hanoi. In recent corporate developments, the company underwent a major ownership restructuring when institutional shareholder HTB Construction Company Limited divested its entire 24.0% equity stake of nearly 5.2 million shares via negotiated transactions, leading to Board Member Luu Thi Tuyet Mai and affiliated individuals acquiring the shares to establish significant major ownership positions. The company also continues to execute its cash dividend distribution policy, enhance its operational earnings across its core agricultural and leasing divisions, and optimize the commercial management of its strategic land and warehouse holdings across northern Vietnam.