Cienco4 – Pre-listing Note – 20181002
Company Note 02/10/2018 314
Infrastructure construction specialist Cienco4 is due to list on the HOSE in 4Q2018. The company is struggling due to reduced state participation in infrastructure projects and Cienco4’s increasing exposure to PPP (Public-Private Partnership) projects are mired in regulatory uncertainty and operational challenges.
Market Price |
Target Price |
Dividend Yield |
Rating |
Sector |
VND15,570 |
VND14,390 |
5.5% |
N/A |
INDUSTRIALS |
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