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SQC to inaugurate the first trading session on HNX
Thursday, 17 December 2009 14:04
On December 17, Saigon - Quy Nhon Mining Corporation (SQC), member of Saigon Invest Group, officially inaugurated its first trading session on Hanoi Stock Exchange (HNX) with stock code SQC.

In attendance at the ceremony, there were Mr. Tran Quang Dung - Vice Chairman of the Board of Directors cum General Director of Hanoi Stock Exchange; Mr. Ha Hai Nam - Chairman of the Board of Directors of Kim Long Securities Corporation and the senior leaders of SQC, including Mr. Dang Thanh Tam, Chairman of the Board of Directors of SGI, Ms. Dang Thi Hoang Phuong, Chairman of the Board of Directors of SQC and Ms. Nguyen Tran Trieu Thanh, CEO of SQC.

Speaking at the ceremony, Ms. Dang Thi Hoang Phuong stressed: "The listing of SQC shares has shown the determination of SGI and SQC leaders in development and integration, with the ambition to turn SQC into the most powerful company in the field of Titanium slag mining in Vietnam”.

Ms. Phuong also represented the Board of leaders of SQC to strike the gong and inaugurate the first trading session of SQC on HNX in the witness of numerous guests and media agencies.

SQC is the 5th out of 248 companies in the mining industry which have registered to be listed on HNX. Mr. Tran Quang Dung highly regarded the event, stating: "This is not only a new progress of the Corporation but also of Hanoi Stock Exchange. The presence of SQC on HNX as a Titanium mining & processing enterprise will create new High-quality product volumes and offer investors with more options”. Mr. Dung also desired SQC would promote the business tradition of SGI affiliates and help make the stock market more open and more effective.


Ms. Dang Thi Hoang Phuong giving her opening remarks


Vice Chairman of the Board of Directors cum General Director of HNX Tran Quang Dung
granting SQC stock listing certificate to Ms. Dang Thi Hoang Phuong

Saigon - Quy Nhon Mining Corporation (SQC), member of Saigon Invest Group (SGI), member of International Titanium Association, was founded in 2006, specializing in mining, processing Titanium ores and Titanium products; Developing and transferring technology; Developing and transferring technology; investing, building and trading the Industrial group infrastructure for Titanium deep-processing; etc. So far, SQC has developed a series of important projects in Binh Dinh province, including the biggest, most modern and sanitary plant in Vietnam with the total investment of 1,000 billion VND, featuring a high-capacity exhaust treatment system which makes up 30% of the total cost.

The listing of SQC on HNX is a significant milestone, marking the gigantic progress and maturity of the Corporation. Right in the first trading session, the price of SQC shares increased to 81,000 VND/share and they were well received by the investors. The total number of matched orders reached 81,000 VND/share with no leftover sells and at times investors were willing to buy at 83,000 VND/share.


Mr. Tran Quang Dung addressing the Ceremony


Ms. Dang Thi Hoang Phuong striking the gong to inaugurate the first trading session of SQC


Mr. Dang Thanh Tam – Chairman of the Board of Directors of SGI and guests congratulating on the event

Huyen Le

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