HOSE approves listing of nearly 312 million TAL shares

The approval for listing by HoSE has made Taseco Land (stock code: TAL) one of the few real estate enterprises to surpass the listing schedule according to the plan submitted to shareholders.

Taseco Land is one of four companies approved to move to HoSE in the first 6 months of 2025, opening up great opportunities for businesses and increasing the ability to mobilize capital. This is also the second company in the TASECO ecosystem to list shares on HoSE, along with Taseco Aviation Services Joint Stock Company (Stock code AST).

Taseco Land prepares carefully for listing on HOSE

Pursuant to Decision No. 516/QD-SGDHCM dated June 27, 2025, Ho Chi Minh City Stock Exchange has approved Taseco Real Estate Investment Joint Stock Company to list 311.85 million common shares with stock code TAL.

Previously, Taseco Land shares were officially registered for trading and had their first trading session on UPCoM in January 2024. By February 2025, Taseco Land completed the public offering of 14.85 million shares, raising its charter capital to VND 3,118.5 billion as it is now.

Compared to the expected timeline at the Annual General Meeting of Shareholders in the fourth quarter of 2025, the company completed the listing procedures 5 months earlier. This not only demonstrates the legal capacity and careful preparation of the board of directors but also shows a high level of initiative in the strategy of expanding the capital market.

TAL’s listing on HoSE – the exchange with the highest standards of transparency and information disclosure – also affirms the quality of the business and its commitment to improving governance according to advanced financial standards. TAL is also one of four businesses approved to transfer its listing to HoSE in the first half of this year, demonstrating the market’s strict selection.

A series of projects were approved consecutively, improving implementation capacity.

In the first half of 2025, Taseco Land continuously made its mark by being approved and assigned investment policies in many large projects stretching from the North to the Central, increasing the total land fund area of ​​which Taseco Land is the investor to nearly 750 hectares by the end of the second quarter of 2025 in all 3 segments: Residential urban areas, Resorts and Industrial parks.

Since the beginning of the year, Taseco Land has developed an additional land fund of nearly 100 hectares, through the successful auction of the New Urban Area Project, Central Walking Street of Thai Nguyen City (6.6 hectares), and winning bids for two major projects in Tu Son City, Bac Ninh Province, including the investment project to build a New Urban Area, Trade and Services - Sub-area 65.1 in Tam Son, Dong Ky, Huong Mac wards (62.27 hectares) and the urban development project in Huong Mac ward & Phu Khe ward (30.47 hectares).

New urban area project, walking street in the center of Thai Nguyen city

Taseco Land also plans to implement many projects in 2025 such as: approving detailed planning 1/500 and implementing compensation and site clearance for Me Linh - Hanoi Project (40.6 ha), starting construction of projects: Trung Van Urban Area (Hanoi), New Urban Area Project, Central Walking Street of Thai Nguyen City, New Urban Area Project South of Duy Tien Town Administrative Center, Ha Nam (115 ha), Quan Hau Project - Quang Binh and Taseco Resort Da Nang Project (9 ha).

In addition to implementing urban area projects, in recent years, Taseco Land has also expanded into the industrial park real estate segment, with the first project being Taseco Dong Van Industrial Park with a total area of ​​223 hectares in Duy Tien town, Ha Nam province. According to the update of the board of directors at the General Meeting of Shareholders, the business situation of the industrial park is positive with about 65 hectares having been reserved, helping to attract business cash flow to the company. In addition, Taseco Land is also accelerating progress to soon be approved as an investor of the second Industrial Park project in July, increasing the total land fund that Taseco Land is the investor to nearly 1,000 hectares this year.

Being continuously selected as the investor and implementing large projects is a clear demonstration of Taseco Land's implementation capacity, financial potential and legal reputation in the market.

Stable asset structure with inventory ready to record revenue

As of March 31, 2025, Taseco Land's total assets reached VND 9,565 billion, of which cash and bank deposits were VND 680 billion, inventories accounted for nearly VND 3,700 billion, other unfinished construction costs were VND 1,307 billion, concentrated in projects such as: Central Riverside Urban Area (No. 4 Thanh Hoa), Nghi Son Central Park Urban Area (Nguyen Binh - Thanh Hoa), Trung Van Urban Area, Taseco Long Bien Apartment, 115-hectare Ha Nam Project, ... These are key projects with great potential to convert into revenue and profit in the coming years of the Company.

In July 2025, Taseco Land will open for sale the Taseco Long Bien luxury apartment complex, while continuing to promote the implementation of other projects in Thanh Hoa and Thai Nguyen, helping to attract cash flow to the Company this year.

Taseco Long Bien Luxury Apartment Project (Long Bien Central)

To improve its management and financial capacity, Taseco Land is also promoting the search for strategic investors to raise capital, supplement financial resources to develop more projects, expand land funds and create a premise for future development. Listing on HoSE is an important step to help businesses improve transparency and information disclosure, thereby attracting funds and professional investment organizations to effectively mobilize long-term capital, enhance brand image, and expand strategic cooperation opportunities.

Analysts say that after officially listing on HoSE, TAL code is likely to catch the attention of domestic investment funds due to its capitalization advantage of more than VND8,200 billion, high free-float ratio, and a portfolio of projects being deployed in localities with great potential for infrastructure development.

TAL shares will also be eligible for margin after 6 months of listing, thereby increasing liquidity and making them more attractive to individual investors. Along with that, TAL shareholders will also receive a 15% cash dividend in July 2025. Receiving the good news, TAL shares increased by 6% to VND 26,500/share in the session on June 27.

Source: https://baodautu.vn/hose-chap-thuan-niem-yet-gan-312-trieu-co-phieu-tal-d315986.html