The Gioi Di Dong Invesment Joint Stock Company moved to equitisation in 2007, the company's capital contribution from 5 genuine shareholders are now in the company's management. Initial chartered capital after equitization was VND 2,000,000,000 billion. The company was invested by Mekong Capital in 2007, invested $ 4.5 million in May 2007 for the launch of new market.
In April 2011, Mekong Capital agreed to buy shares for over $ 100 million. The chartered capital of the company in 2001 was VND 7,064 billion. Currently the company has a charter capital of more than 105 billion, equivalent to over 10.5 million shares. By 2014, the company's profit target will increase by 30% to VND350 billion.
Facilities
The company's facilities include offices, supermarkets, and warranty centers throughout the country, including all the …show more content…
According to Nguyen Duc Tai – CEO and founder of The Gioi Di Dong said that in order to keep employees, the company uses ESOP, a method applied to each individual working in the company can own shares of the company. The company's ESOP policy of 3-5% per year has been controversial for its shareholders, believing the rate was too high. However, the boss of this company said that this is the "strong motivation" needed to add more staff love the company as family.
"The ESOP has done a good job of generating good income for the staff, in addition to the stock being limited to four years, every companies have some difficulties, but our employees are still fighting for the future of this company. They stay fighting because they have property here. The company's people can hardly be "hooked" to another company, "said by Mr.