Introduction

Urban Development and Construction Corporation (UDEC) is a Vietnam-based company engaged in the construction industry. The Company constructs urban areas, industrial zones, apartment and office buildings, hotels, villas, streets and inland water ports. It is also involved in real estate operations and the provision of brokerage services. In addition, the Company manufactures and trades asphalt, centrifugal concrete pipes and other concrete products.

Business sector

  • Investing, trading urban works, industrial infrastructure, inland port, warehouse and supporting port services; providing freight forwarding and warehousing services;
  • Building houses; public, industrial, technical infrastructure works (road, water supply and drainage system, lightning and environmental sanitary service);
  • Producing, trading building materials, pre-stressed concrete, centrifugal concrete sewer, electric poles…
  • Trading in houses, tourism accommodation services;
  • Providing site clearance and leveling services;
  • Trading in petroleum products; maintaining and repairing petroleum projects and equipment; supplying petroleum material and vehicles;

History

Date of incorporation 22/06/1995
Certificate of registration number 3500101308
Date of issue 22/05/2018
Capital 350,000,000,000
Tax Code 3500101308
Sectors & Industries Construction & Materials > Heavy Construction

  • The precursor Urban Development and Construction Corporation was Con Dao Engineering Construction Enterprises.
  • On Jun 22, 1995, the state-owned Ba Ria – Vung Tau Investment and UrbanDevelopment Company was established according to Decision No 388/QD.UBTof Ba Ria – Vung Tau People’s Committee.
  • In 1996, the company was renamed to Ba Ria – Vung Tau Urban Developmentand Construction Company according to Decision No 469/QD.UBT dated Aug16, 1996 of Ba Ria – Vung Tau People’s Committee.
  • In 1999, Ba Ria - Vung Tau Urban Development and Construction Companywas ranked as first-class state enterprise in Ba Ria - Vung Tauprovince.
  • In 2006, the tourism and building material units of the company wereequitized into Vietnam Golf Tourism Joint-Stock Company (Vina Golf) andThanh Chi Joint Stock Company.
  • In 2008, the company issued shares for first time through bidding.
  • In 2009 Ba Ria - Vung Tau Urban Development and Construction Companywas equitized and on Aug 17, officially operated under the name ofUrban Development and Construction Corporatiob.
  • As of Dec 31, 2009, the company’s charter capital was VND 350 billion.
  • On July 05, 2010, the company’s shares were officially listed on Ho Chi Minh Stock Exchange (stock code: UDC).

Listing information

Date of listing 22/05/2018
Stock exchange UPCOM
Par Value 10,000
Initial Listing Price 3,300
Listing Volume 35,000,000
Total Listing Value 350,000,000,000

Management team

Trần Thái Hòa Chairman of the Board of Directors
Hồ Kiên Cường Members of the Board
Hồ Thanh Côn Members of the Board
Võ Thành Tài Members of the Board
Tống Thanh Hải Members of the Board
Lê Thanh Nghị Board of internal controllers
Trần Thị Kim Anh Member of the Board of Internal controllers
Nguyễn Thị Mai Hương Member of the Board of Internal controllers
Hồ Thanh Côn Chief of Executive Officer
Mai Ngọc Định Deputy CEO
Võ Thành Tài Deputy CEO
Lê Vy Thùy Chief Accountant
Võ Thành Tài Representative Spokesman