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GEX – Company Note – 20180207

Company Note 07/02/2018    171

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  • Vietnam Electrical Equipment Joint Stock Corporation (GELEX – GEX VN), through over 20 years of development, has become a leading conglomerate in the electrical equipment industry. GEX has also, through its subsidiaries, diversified into logistics and port services and made investments in energy and real estate. GEX has a total of 10 subsidiaries and is consolidating its stake in some of them. GEX’s recent migration from UPCOM to the main bourse should help bring its story into the mainstream and lift its valuation over time.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND28,350

N/A

N/A

NON-RATED

CONGLOMERATE

 

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