Hoa Binh bought shares of Joint Stock Company 479 to invest in infrastructure construction

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The Board of Directors of tỷ lệ cá cược bóng đá Joint Stock Company (share code HBC) had a resolution to approve the M&A plan with Joint Stock Company 479.

Accordingly, tỷ lệ cá cược bóng đá will buy all 3,000,000 additional-issued shares of and 4,686,500 shares of Mr. Duong Hong Be, who is currently holding the position of Chairman of Joint Stock Company 479. After completing the M&A procedure, tỷ lệ cá cược bóng đá will hold 57% shares of Joint Stock Company 479.

Hòa Bình đầu tư lĩnh vực thi công xây dựng hạ tầng

From the construction of No. 1 Ben Thanh - Suoi Tien Metro Terminal, Hoa Binh will develop further in the field of infrastructure construction after M&A with Joint Stock Company 479.

At the same time, Joint Stock Company 479 will be a subsidiary of tỷ lệ cá cược bóng đá, that could add to the general contractor's capacity, increase the efficiency of Hoa Binh in the field of infrastructure construction, as well as reduce the pressure on the market share of civil construction which is getting down.

This also makes an important contribution to the goal of building Hoa Binh to become a prestigious, strong and world-class economic corporation.

Hòa Bình đầu tư thi công xây dựng hạ tầng

Reportedly, Joint Stock Company 479 (the headquarter is at Vinh City, Nghe An) is a state-owned enterprise, which was established in 1979 and transformed into a joint stock company in 2005. Joint Stock Company 479 operates in the field of construction of roads and bridges, industrial works, irrigation works, hydroelectricity, river ports and seaports. Joint Stock Company 479 implemented the projects such as: Phu Long Bridge (HCMC), Cua Dai Bridge (Quang Nam), Tan Vu sea bridge (Hai Phong), Phuoc Khanh - Ben Luc - Long Thanh cable bridge, Vung Ang deep sea port, Nhon metro line - Hanoi Railway Station ...