On the morning of October 23, 2024, the Hanoi Stock Exchange (HNX) held an official ceremony to bring 5 million shares of Tri Viet Education Group Joint Stock Company (Stock code: CAR) listed on HNX, with reference price on the first trading day of 19,800 VND. As a consulting unit, leaders of KB Securities Vietnam were also present at the Opening Ceremony of listing shares of Tri Viet Education Group Joint Stock Company at the Hanoi Stock Exchange, to celebrate this important event.
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KB Securities Vietnam leaders attended the Opening Ceremony of listing 5 million shares of Tri Viet Education Group Joint Stock Company at Hanoi Stock Exchange
A prominent and esteemed firm in Vietnam's investment and educational development sector, Tri Viet Education Group Joint Stock Company excels at offering a range of STEM and life skills education programs as well as experiential learning that meets international standards. The company has an ecosystem of 3 training centers and 2 outdoor experiential education spaces in Hanoi and Thai Nguyen.
The move represents a sea change for the business as it enters a "playground" with strict standards for corporate governance and transparency. This opens up opportunities for CAR to increase its access to capital flows from both domestic and foreign investors to promote effective business and serve the next growth phase.
Only a small number of "new faces" are permitted to list or switch exchanges because of the market's recent volatility as well as the tightening of listing requirements and approval standards. The 16th company to be approved by HNX this year is Tri Viet Education Group Joint Stock Company. This is the initial outcome of internal efforts by Tri Viet's leadership and employees, as well as the expertise and professionalism of KB Securities Vietnam's investment banking consulting team (IB). It is well known that KBSV consulted and swiftly finished the application in just three months because of their strong business knowledge and competence.
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Mr. Jeon MunCheol - General Director of KB Securities Vietnam (KBSV) at the event to congratulate the new beginning of Tri Viet Education Group Joint Stock Company
Mr. Jeon MunCheol - CEO of KB Securities Vietnam shared: "We are thrilled to be present at Tri Viet's very significant ceremony today. Being one of the few foreign-invested businesses that successfully offer stock listing consulting services in Vietnam, KBSV is also extremely happy about this. The IB team at KBSV will keep working and gaining expertise to be able to offer Vietnamese companies even better services in the future."
KBSV has made major achievements in listing and bond issuance consulting throughout its history. Notable large deals include listing consulting for TNS Holding Trading and Service JSC (TN1), Joint Stock Company for Telecoms and Informatics (ICT), and bond issuance consulting for Vinhomes, Sungroup, Masan, Doji, and other companies.