IDJ Financial to Invest US$181.8 Mln into Realty Projects, Stock Brokerages

9:17:57 AM | 9/5/2008

Tran Trong Hieu, CEO of IDJ International Financial Investment and Enterprise Development Joint Stock Co, or IDJ Financial, Sept 2 said that IDJ Financial will invest VND3 trillion (US$181.8 million) into real estate projects and stocks.
 
IDJ Financial said Vietnam’s realty and stock markets have been recovering on improved macro situation of the country’s economy.
 
IDJ Financial is keen on small and medium companies in the fields which have good governance and registered capital of more than VND8 billion (US$485,000).
 
In the first half this year, IDJ Financial posted a profit of VND2.7 billion (US$164,000), giving no comparative figures.
 
It will focus its investment on realty projects and businesses in Hanoi and Ho Chi Minh City in the remaining months this year.
 
IDJ Financial debuted in mid-Mar last year with a registered capital of VND149.6 billion, headquartered at 4A Lang Ha-Hanoi. (Laborer, www.idj.com.vn)