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MCST (ALV) Injects Capital into Multi-Trillion-Dong Project, Targets Revenue Over VND 500 Billion and HoSE Listing Shift

MCST (ALV) is preparing funds to acquire 18% of Xi măng Bạch Đằng, the investor behind the VND 3,419 billion Liên Khê cement plant in Hải Phòng, for VND 180 billion. The purchase will be financed by a VND 96.18 billion public offering, an VND 80 billion private placement and VND 3.8 billion of own capital, with MCST also serving as main contractor on the project. The State Securities Commission (UBCKNN) granted a certificate for a 1:1 rights offering of 9,618,358 shares at VND 10,000 each, below the end-2025 book value of VND 11,745 per share, and received full documents for a 10% stock dividend issuance. If completed, charter capital would double from VND 96.18 billion to VND 192.4 billion. In the first half of 2026, MCST reported net revenue of VND 415.503 billion (83.1% of its VND 500 billion target) and profit after tax of VND 14.948 billion (74.7% of its VND 20 billion plan), while it continues its roadmap to move its listing to HOSE.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: MCST (ALV) đẩy vốn vào dự án nghìn tỷ, mục tiêu doanh thu vượt 500 tỷ và chuyển sàn HoSE

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