In 2018, many important events of Hai Phat Invest took place, in which the official listing of HPX shares on Ho Chi Minh City Stock Exchange (HOSE) market make a mark of the transition of Hai Phat Invest in the 15-year history of formation and development.
Let’s review 10 outstanding events of Hai Phat Invest last year:
1. The Vesta won the title of Best Social Housing project in Vietnam
On April 14, 2018, in Hanoi, the Phu Lam Social Housing Project (trade name: The Vesta) was officially awarded the title of “Best Quality Social Housing” by the Vietnam Real Estate Association (VNREA) organization. The prize is within the framework of the Vietnam National Real Estate Award 2018.
Started in May 2015, after more than 2 years of implementation, nearly 500 apartments of The Vesta project were officially transferred to residents. The Vesta is the largest social housing project in the west of Hanoi, including 8 18-floor buildings, with a total of 1,902 apartments and the total investment of VND 1,756 billion. This is a project that impresses by the completion of utilities and fire protection system before being transferred to residents.
The project is within the policy of the Hanoi city aiming to meet the housing demand of the majority of low-income people in Hanoi. With the criterion “Social housing – Commercial quality” the social housing project The Vesta is honored as “Best quality social housing” within the framework of the Vietnam National Real Estate Award 2018.
2. The Top 10 Strong Brands in Vietnam Land 2018
On April 22, 2018, Hai Phat Invest was honored to receive the title of Top 10 Strong Brands of Dat Viet. The award is within the framework of the program “Strong Brand of Vietnam Land – The Outstanding Entrepreneur of Vietnam Land 2018” organized by Vietnam Business Development Union (VEDSU).
This is to honor Vietnamese businesses and entrepreneurs with outstanding achievements in management, production, and business activities and positive contributions to the community.
The program has a presence of nearly 200 typical businesses across the country. In which, more than 80 units achieved Top 10 from different fields of business, 30 units reached the Top 30, nearly 40 Top 100 units and 30 outstanding businessmen.
3. Successfully listing HPX stock code on the HCM Stock Exchange (HOSE)
On July 24, 2018, the sound of the opening drum in the first trading session of HPX stock code was heard, marking a great event of Hai Phat Invest. 150 million HPX shares were officially offered on HOSE with a reference price of the first session of VND 26,800/share. This is considered an important milestone in 15 years of establishment and development of enterprises.
Hai Phat Invest is not only known as a leading reputable real estate developer in Vietnam but also has a reputation in the domestic and international financial markets after this event. Many investment funds and securities companies have come to work and cooperate with Hai Phat Invest recently.
4. Signing an investment cooperation agreement with the People’s Committee of Can Tho city
On the morning of August 10, 2018, the signing ceremony of an investment cooperation agreement between Hai Phat Group and People’s Committee of Can Tho City took place at Muong Thanh Can Tho Hotel.
This is a big event, marking the goal of expanding Hai Phat’s land bank in potential areas. With many advantages, the land of Can Tho promises to bring new successes for Hai Phat Group in the future.
5. Honored at the Awarding Ceremony of Vietnam Gold Business Entrepreneurs 2018
On September 30, 2018, Hai Phat Invest was honored to be named in “Top 10 Brands, trusted brands 2018” and Chairman Do Quy Hai was honored to become “Golden Star Entrepreneur of Land Vietnamese 2018”.
The award is co-organized by Ho Chi Minh City Anti-Counterfeit and Hanoi Trademark Protection Association, Anti-counterfeiting Center and Dat Viet Entrepreneur Club.
This is an event to honor individuals and businesses with good achievements in production and business activities. At the same time to encourage businesses to improve production capacity, product quality to serve people’s lives and stimulate economic growth and international integration.
6. Accepted to be the investor of An Binh 1 New Urban Area Project in Can Tho city
On December 12, 2018, City People’s Committee in Can Tho city has issued Decision No. 3297 / QD-UBND approving the investment policy for Hai Phat Invest Joint Venture, Transport Construction Corporation 5-CTCP (CIENCO 5) and Investment Joint Stock Company. Dai Dong A (BEA Holdings) to become investors of An Binh New Urban Area 1 project.
An Binh 1 New Urban Area Project is located at the golden land in the center of Ninh Kieu District, Can Tho city, with a total investment of nearly VND 5,000 billion. The project promises to become a “hot spot” for investment in the real estate market in the Southwest region.
The deployment of An Binh 1 new urban area in Can Tho is also an affirmation to Hai Phat Group’s strategy to expand the land fund in major provinces and cities with the aim of becoming the most reputable developer. The project will surely create a boost for Can Tho real estate market, one of the highest urbanization rate and the highest income per capita growth localities of the country.
7. Increase charter capital to VND 1725 billion
On December 4, 2018, HOSE has announced the listing and trading of shares change of Hai Phat Invest. Accordingly, after listing more than 22 million shares to pay dividends to existing shareholders, Hai Phat Invest officially raised its charter capital to approximately VND 1,725 billion.
8. Approved by the SSC to increase charter capital to VND 2,000 billion
On December 4, 2018, the State Securities Commission has issued an official letter to approve HPX’s charter capital increase to 2,000 billion VND through the issuance of bonus shares at the rate of 15.94% of equity surplus.
Thus, the Company will issue nearly 27.5 million new shares in the fourth quarter of 2018. The charter capital after issuance is approximately VND 2,000 billion.
HPX is one of the effective investments of organizations and individuals in 2018 when within 5 months after listing, the company had a 15% dividend payment and a bonus share payment of 15.94 % for existing shareholders from equity capital.
9. The Top 100 Enterprises received Vietnamese Gold Star Award 2018
On December 23, 2018, Hai Phat Invest was awarded the TOP 100 Vietnam Gold Star Award in 2018. The Vietnam Gold Star Award Ceremony was held at the National Convention Center, Hanoi and broadcast live on VTV6 Vietnam Television Station.
Vietnam Gold Star is the leading and reputable award in Vietnam to honor Vietnamese enterprises and brands in international integration which is assigned by the Prime Minister to Central Vietnam Young Entrepreneurs Association in collaboration with Central Committee of Ho Chi Minh Communist Youth Union and Central Vietnam Youth Union. Vietnam Gold Star Award is a recognition for Hai Phat Invest’s efforts and achievements in 15 years of establishment and development.
10. The journey of aspiration – marking the landmark of Hai Phat 15 years old
With the message “Breaking out to go far”, the birthday celebration of Hai Phat Group “Journey of aspiration” took place in a jubilant atmosphere at the National Convention Center on December 15, 2018. The event was attended by nearly 1,000 guests, partners, customers and employees marking the start of a new journey – Hai Phat Group’s aspirations in affirming its pioneering position in the Vietnam real estate market.