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Homestar Vietnam officially invests VND 80 billion into Expanded Hoa Khanh IP

March 30th 2017, Homestar Vietnam Joint stock company signed the Land sublease contract with Danang Investment Coporation, by that Homestar Vietnam has officially invested the project of plastic floor with the capital of VND80 billion into Expanded Hoa Khanh IP.


Mr. Bui Ba Duy - Deputy Director of Homestar and Mr. Tran Ngoc Diep - General Director of SDN signed the Land sublease contract. Source: SDN.

 

Mr. Tran Ngoc Diep - General Director of SDN handed over the Contract to the investor. Source: SDN.  

Shareholders of Homestar Vietnam JSC are experienced investors who have been doing business in plastic floors and civil construction materials distribution for over 10 years. Predecessors of Homestar are popular brand names like USKOLOR, UKKOLOR and AIAPAINT... and they have significant share in Northern market.

 

Mr. Tran Ngoc Diep gives a souvenir to the investor. Source: SDN.

Deciding to expand their business and invest into the Central of Vietnam, the investor trusted and chose Expanded Hoa Khanh IP as their investment destination. The project with capital of VND 80 billion will start its construction in the 4th Quarter of this year and be put into operation in the end of 2018. The investor expects the future factory will supply the Central of Vietnam market and their traditional Northern market sufficiently.

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