Introduction
Pacific Infrastructure Project Development and Investment Corporation (PPI CORP.), formerly Pacific Property & Infrastructure Development Joint Stock Company, is a Vietnam-based company engaged in the real estate industry. The Company is involved in real estate operations with development projects of residential areas, industrial parks and urban zones. It also constructs traffic structures, such as highways, streets and bridges. In addition, the Company trades and exports cassava, cassava-based products and rubber.
Business sector
- Implementing domestic and overseas transportation works
- Implementing industrial, civil, irrigation and electricity projects
- Dredging, raising flat planes and foundation
- Installing electrical cable network and station up to 35KV
- Investing and undertaking BT, BOT projects
- Manufacturing and trading in construction materials and transport facilities
- Dealing in real estates and investing on civil, industrial and rural infrastructure construction
- Exporting and importing,
- Dealing in restaurant, hotels and catering services
History
- PPI was previously known as a branch of Civil engineering Construction Company No 120- a member company of Civil Engineering Construction Company No 120 ( which is now called Civil Engineering Construction Corporation-Cienco1). It was established according to decision No 111/QD-TCCB-LD dated 13 April 1994 by the Ministry of Transport.
- On 8th Jan 2003, the branch was renamed to Civil Engineering Construction Company No 135 according to decision No 054/QD dated 8th Jan 2003 by the Ministry of Transport. Real estate trading and investment was added to the company's business scope
- In 2004, the Ministry of Transport issued decision No 3204/QD-BGTVT dated 27th Oct 2004 to restructure the Civil Engineering Construction Company No 135 into a joint stock company.
- In 2009, the company renamed to Pacific Property and Infrastructure Development and Investment Joint Stock Company according to business license No 0303414496 issued by the Department of Planning and Investment on 25th Dec 2009.
- In Dec 2010, its charter capital was adjusted to VND 21,830 billion.
- In Apr 2011, its charter capital was adjusted to VND 122,16733 billion via issuing shares for existing sharholders.
- On Oct 19, 2012, its charter capital was adjusted to VND 140.530.000.
- On Jul 29, 2014, its charter capital was adjusted to VND 250.490.530.000.
- On Mar 12, 2015, it was renamed Pacific Infrastructure Project Development & Investment Corporation.
- On Dec 31, 2015, its charter capital was adjusted to VND 482.906.290.000.
Listing information
Date of listing |
22/09/2016 |
Stock exchange |
UPCOM |
Par Value |
10,000 |
Initial Listing Price |
800 |
Listing Volume |
48,290,629 |
Total Listing Value |
482,906,290,000 |
Management team
Lưu Chiến Thắng
|
Board of internal controllers
|
Nguyễn Ngọc Sơn
|
Member of the Board of Internal controllers
|
Nguyễn Trần Nhân
|
Member of the Board of Internal controllers
|
Đặng Xuân Hùng
|
Representative Spokesman
|