On 27/04/2018, VRC Real Estate and Investment JSC organized successfully The 2018 Annual Shareholders Meeting
In December 2017, company started building some low-rise townhouses in zone B of the project and expected that Zone B, C, D will be constructed simultaneously after Lunar New Year.
ADEC JOINT STOCK COMPANY The company works with Certificate of Business Registration No 0300515472, was issued by Department of Planning and Investment Ho Chi Minh City on 07/04/2005 and was amended 13rd on 30/06/2017.
On 6th December 2017, ADEC JSC started officially constructing the low-rise housing area of ADC Phu My Residence in District 7, Ho Chi Minh City.
At 9:00am on 23/11/2017, in the Guest House T78, 145 Ly Chinh Thang Street, Ward 7, District 3, Ho Chi Minh City, ADEC JSC established the Customer Conference to update progress and consult about adjusted boundary of ADC Residence ward Phu My, district 7 and, get customers’ feedbacks.
VRC plans to invest in My Xuan Shipbuilding and Port Services JSC with a target ownership of 49%. Time of investment was estimated in December 2018 and January 2019.
Specifically, since 2011, our company has changed its name to ADEC Joint Stock Company and is used up to the present. Therefore, our company is not related with the company that named ADC Architectural Decoration Construction Joint Stock Company.
On 30/09/2018, total asset in consolidated report of VRC reached 1,240 billion Dong, which include 372.9 billion Dong in account receivable, 488 billion Dong in inventory and 314 billion Dong in subsidiaries and associates investment.
Revenue and income mainly came from the transferring capital and shares of VRC Saigon Company, which is the owner of 5ha residence project in Phu My Ward, District 7 Ho Chi Minh City.
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