On February 6, 2026, more than 890 million GEL shares of GELEX Infrastructure Joint Stock Company officially began trading on the Ho Chi Minh City Stock Exchange. This marks an important milestone that creates new growth momentum for the company to continue innovating, improving operational efficiency, aiming for sustainable development and increasing value for shareholders.

With a reference listing price of 28,800 VND per share and a trading band of plus or minus 20 percent on the first day, GEL shares quickly rose to the ceiling price of 34,550 VND per share just 15 minutes after entering the market.

By the end of the ATO session, the market capitalization of GELEX Infrastructure was estimated at nearly 30,750 billion VND, equivalent to about 1.18 billion USD, making it one of the largest infrastructure companies by capitalization on the Vietnamese stock market.

Speaking at the ceremony to receive the listing decision and celebrate the first trading day, Mr. Le Tuan Anh, Chairman of the Board of Directors of GELEX Infrastructure Joint Stock Company, said that the official listing on HoSE is not only a financial milestone but also a strong commitment of GELEX Infrastructure to standardize corporate governance, enhance information transparency and operate in line with capital market standards, creating a foundation for long-term growth strategy and increasing value for shareholders.

The leadership of GELEX Infrastructure performed the gong striking ceremony to celebrate the first trading day of GEL shares.

Mr. Le Tuan Anh further emphasized, “We are very proud to introduce an infrastructure stock from an enterprise that brings together many attractive factors, including a valuable asset portfolio, solid financial health with stable cash flow, strong financial indicators, post-merger and acquisition execution and governance capacity, and a development orientation following international standards. The milestone of February 6, 2026 opens the starting point for a new growth cycle for GELEX Infrastructure to gradually affirm its position and contribute to the development of Vietnam”.

As one of the two subholding companies of GELEX Group, GELEX Infrastructure currently plays the role of capital management and investment in key sectors such as real estate, building materials and utility infrastructure including energy and clean water, which are fundamental fields for national economic growth, bringing stable cash flow and long-term expansion potential for enterprises with strong governance and strategic vision.

The investment portfolio of GELEX Infrastructure includes many reputable and high-potential enterprises such as Viglacera (VGC), Long Son Petrochemical Industrial Park (PXL), and Song Da Clean Water. The company is also a strategic partner of Frasers Property, a leading multinational corporation among the top 30 largest enterprises listed on the Singapore Stock Exchange.

The leadership of GELEX Infrastructure shared that the company is focusing on accelerating commercial real estate projects in prime locations according to international standards through cooperation with global partners such as Frasers Property, while also implementing comprehensive restructuring of Viglacera Corporation with the participation of international consulting organizations, aiming to become an investment platform for social infrastructure and a symbol of growth, efficiency and sustainability.

PR DEPARTMENT