Taseco Real Estate Investment Corporation (Taseco Land, code: TAL) has approved August 19, 2025, as the final registration date to collect shareholders’ opinions on the plan to issue private shares to professional investors. The time and location for implementation, as well as the detailed issuance plan, have not yet been announced. Taseco Land plans to issue private shares following its first trading session on HoSE on August 1. The parent company, Taseco Group Corporation (TASC), currently holds 72.89% of TAL shares. In Q2 2025, Taseco Land reported net revenue of 557 billion VND, down 11.5% year-on-year, but gross profit increased to 185 billion VND. After-tax profit reached 37.6 billion VND, five times higher than the same period last year. For the first six months of the year, the cumulative net revenue was 933 billion VND, while after-tax profit was 60 billion VND, 3.51 times higher than in the same period last year. Taseco Land sets a target of 4.332 trillion VND in revenue and 536 billion VND in after-tax profit for 2025.
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