Lilama Erection Mechanical Joint Stock Co (Lilamaemc) has been approved by Hanoi Stock Exchange (HNX) to list 3,265,155 shares, equal to its chartered capital of over 32 billion dong on the northern bourse. Lilama Erection Mechanical Joint Stock Co (Lilamaemc) has been approved by Hanoi Stock Exchange (HNX) to list 3,265,155 shares, equal to its chartered capital of over 32 billion dong on the northern bourse.

In 2009, Lilamaemc estimated to gain total production output of 400 billion dong, equivalent to 153.58 percent against the previous year, revenue of 195 billion dong, or 122.08 percent and profit of 7.2 billion dong, or 104.79 percent and dividend rate of 12 percent.

In 2009, Lilamaemc has carried out construction projects of a steel structure and equipment manufacturing plant with total investment capital of 87.89 billion dong in Khanh Cu Industrial Zone, Yen Khanh Dist, Ninh Binh province, a factory of manufacturing equipment and building 6,500-tonnes ships of 120 billion dong. The company planned to transfer land use rights of land plot at No 72E hoang Dieu St, Ninh Binh City, Ninh Binh province and to seek partners to invest in land plot at No 70 Giai Phong St, Nam Dinh City, Nam Dinh province.

Up to now, the company has successfully carried out construction projects such as Bim Son cement plant, But Son cement plant, Uong Bi thermo power plant, Son La hydropower plant, Quy Hop sugar refinery plant, Lam Son sugar plant.

Source: http://www.intellasia.net/news/articles/stock_market/111286932.shtml