VKC Holdings Join Stock Company
UUPCOM:VKC1,200.00
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VKC Holdings Join Stock Company
UPCOM:VKC
(Unlisted Public Company Market)
Recent
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1,200.00
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- Business
- VKC Holdings Joint Stock Company, formerly known as Vinh Khanh Cable Plastic Joint Stock Company, is a Vietnam-based manufacturing and commercial enterprise operating primarily in the telecommunications equipment, plastic building materials, and automotive aftermarket sectors. The company organizes its business operations across three primary segments: Telecommunications Cables, Plastic Pipes and Fittings, and Tires and Automotive Accessories. Its comprehensive product and service offerings comprise the design and manufacture of fiber optic cables, including single-mode and multi-mode optical cables; copper telecommunication cables, LAN network cables, coaxial cables, and telecommunication accessories; uPVC, HDPE, and corrugated plastic pipes and electrical conduit fittings for civil engineering, telecommunications ducting, and water supply and drainage networks; and the wholesale distribution of motorcycle, automotive, and industrial tires and inner tubes, notably under the Maxxis and CST brand names, alongside the trading of plastic resins and auxiliary industrial materials. Founded in 1993 and headquartered in Binh Duong Province, Vietnam, the company distributes its products domestically to telecommunications network operators, utility developers, construction contractors, and automotive retail networks, as well as select export markets in Southeast Asia. In recent operational and corporate developments, the company rebranded from Vinh Khanh Cable Plastic to VKC Holdings Joint Stock Company to reflect a diversified holding model, followed by significant executive leadership and ownership restructuring. Amid severe liquidity constraints and default on corporate bond obligations, the company entered formal debt restructuring and court-supervised insolvency procedures in Binh Duong Province. Due to negative audit opinions and adverse financial performance, the company was subject to mandatory delisting from the Hanoi Stock Exchange (HNX) and subsequently transferred to the Unlisted Public Company Market (UPCoM). Under reconstituted management, the company has scaled down non-core trading activities and refocused operations on asset rationalization, debt settlement, and preserving core manufacturing lines at its Binh Duong industrial facilities.