The company will have Thang Long Securities as strategic partner and as listing consultant also.
Thanh Nam Group, initiating as Thanh Nam Import-Export Corporation, specialises in supplying domestic market and overseas nations with stainless steel products.
Among the nations the company exports to are Turkey, Italy, Greece, Korea, Malaysia, China, India and some other countries like Pakistan, Bangladesh and Arab Emirates.
For 2010, the steel supplier reached some $70 million in revenue, of which up to 70 per cent was gained from exports.
According to the company’s representative, it is launching a coil service centre located in northern Hung Yen province in the first quarter of this year. All the centre’s lines are newly imported from Taiwan and Japan and it will boast an annual processing capacity of some 60,000 tonnes.
The new centre will be one among just a handful in Vietnam which have the technology of paper interleaf and coating PVC on two sides, said the company’s representative.
Hai Linh (vir.com.vn)