Truong Son Investment and Construction submits application for listing on HoSE

With the closing price of the trading session on May 21 at 12,300 VND/share, the capitalization of Truong Son Investment and Construction is about 473.55 billion VND.

According to research, Truong Son Investment and Construction was established in 2002 with a charter capital of 1.2 billion VND, initially operating mainly in the field of construction of industrial and civil works, construction and installation of power lines and transformer stations with voltage levels up to 35kV and currently with a charter capital of 385 billion VND, the Company operates mainly in the field of construction of electrical works, production of prestressed centrifugal concrete poles, production of prestressed centrifugal concrete piles.

Since its establishment in 2002, Truong Son Investment and Construction has increased its charter capital 8 times from 1.2 billion VND to 385 billion VND. Of which, the first 5 capital increases from 1.2 billion VND to 250 billion VND were contributed by shareholders; the 6th capital increase from 250 billion VND to 300 billion VND recorded the contribution of new shareholders; the 7th capital increase from 300 billion VND to 350 billion VND, the Company offered shares to existing shareholders; and in March 2025, the capital continued to increase to 385 billion VND.

In addition, regarding shareholder changes, as of January 1, 2023, Truong Son Investment and Construction has only 1 major shareholder, Mr. Nguyen Van Truong, Chairman of the Board of Directors, owning 95% of the charter capital and the remaining 5% of the charter capital belongs to small shareholders owning less than 5% of the charter capital.

However, as of March 31, 2025, Truong Son Investment and Construction recorded 3 major shareholders: Mr. Nguyen Van Truong (born in 1975), Chairman of the Board of Directors, owns 20% of charter capital; Ms. Hoang Kim Hue , wife of Chairman Nguyen Van Truong, owns 10% of charter capital; Ms. Nguyen Dieu Linh, daughter of Chairman Nguyen Van Truong, owns 5% of charter capital; and the remaining 65% of charter capital belongs to small shareholders owning less than 5% of charter capital.

Thus, before submitting the application for listing on the HoSE, Chairman Nguyen Van Truong reduced his ownership from 95% to 20% of the charter capital, corresponding to selling 75% of the charter capital at the Company.

It is known that Mr. Nguyen Van Truong was born in 1975, with a bachelor's degree in Economic Management. From 1997 to 2002, he was the Team Leader at Ha Nam Technical Infrastructure Construction Company; and then he was the Chairman and General Director at Truong Son Investment and Construction from 2004 to 2022 and from 2022 to present, Mr. Nguyen Van Truong only holds the position of Chairman of the Board of Directors.

In addition, from the beginning of 2023 until now, the position of General Director of Truong Son Investment and Construction has been transferred to Mr. Doan Van Thanh (born in 1984). In which, Mr. Thanh has held many positions at Truong Son Investment and Construction from technical officer, Head of Technical Department, Deputy General Director and currently General Director.

Notably, Truong Son Investment and Construction shares were only officially listed on June 25, 2024 on UPCoM with a reference price of VND 10,600/share.

Thus, in less than a year of trading on UPCoM, Truong Son Investment and Construction has submitted an application for listing on the HoSE.

Regarding financial health, like other construction enterprises, as of March 31, 2025, the total short-term receivables and inventories of the Company amounted to VND 363.7 billion, equal to 60.2% of total assets. Of which, short-term receivables from customers amounted to VND 140.3 billion, including Pacific Joint Stock Company, Power Development Project Management Board, Nam Viet Hanoi Investment Joint Stock Company, Thang Long Industrial Construction and Installation Trading Joint Stock Company, Hai Pha Vietnam Company Limited and other customers; short-term prepayments to sellers of VND 40.1 billion, including partners Northern Consulting Joint Stock Company - Midaco, Ngai Cau Construction and Trading Investment Company Limited, Kien Giang Mechanical Joint Stock Company, Vinael Joint Stock Company, Truong Thinh Electric Wire and Cable Company Limited...; and total inventories amounted to VND 159.85 billion.

Source: https://baodautu.vn/dau-tu-va-xay-lap-truong-son-nop-ho-so-niem-yet-tren-san-hose-d288144.html