Establishment History và phát triển
The predecessor of the current FICO Corporation is Construction Materials Company No. 1, under the Ministry of Construction, established in 1976. In 1980, the name was changed to the Union of Porcelain Tile and Tile Enterprises, under the Ministry of Construction. In 1984, it was reorganized into the Union of Construction Materials Enterprises No. 1, directly under the Ministry of Construction (Decision No. 1390/BXD-TCCB dated October 13, 1984). In 1995, implementing Decision No. 90/TTg dated March 7, 1994 of the Prime Minister on the continued arrangement of State-owned enterprises, Construction Materials Corporation No. 1 was established according to Decision No. 997/BXD-TCLD dated November 20, 1995 with the following organizational structure:
FiCO Corporation has a total of 8 member units and 2,189 employees. The main production and business fields are: Production of basic construction materials such as bricks, construction tiles, Block bricks, ceramic bricks, facing bricks, kaolin, sanitary ceramics; Construction of civil and industrial projects; Trading in materials for construction material production; Mining and processing minerals.
* Period from 1996 to 2000:
These are the first years the unit operates under the management mechanism of a Corporation 90. Regarding organization, the Corporation has 11 member units with 4,865 employees.
* Period from 2001 to May 2005:
The Corporation has begun implementing many new multi-industry investment projects such as: cement production, real estate investment and trading, construction glass... focusing on market development, import and export of construction materials... The Corporation's operating area has spread across the country and expanded internationally. During this period, the Corporation had 16 member units (including dependent units) with a total of 7,132 employees.
Since 2003, implementing Decision No. 1404/QD-BXD dated October 24, 2003 of the Minister of Construction, the Corporation has officially changed its abbreviation from BMC No 1 to FiCO and developed the FICO brand.
* Period from 2006 to June 2010:
In 2006, FiCO Corporation converted to operate under the Parent Company - Subsidiary Company model according to Decision No. 2438/QD-BXD dated December 30, 2005 of the Ministry of Construction. At this stage, the Corporation includes: Parent company - Corporation and 05 dependent units; 05 Subsidiaries; 14 Associate Companies and 02 Joint Venture Companies. Subsidiaries and affiliated companies are affiliated units that previously belonged to the Corporation and have been equitized according to regulations. Most of these companies after equitization operate highly effectively such as Hoa An Joint Stock Company, Cotec.Cons Joint Stock Company...
+ Promote trade and import-export business. Special attention is paid to promoting and building brands with domestic and international customers, attaching importance to practical effectiveness and strategic orientation of high-end product lines for export. Typical in this work are units such as FiCO Construction Materials Trading Company, FICO Construction Materials Investment and Trading Joint Stock Company (BMT), Construction Engineering and Construction Materials Joint Stock Company (COTEC);
+ Strengthening joint ventures and international cooperation in the fields of construction and foundation treatment... Typical units are: COTEC.CONS Joint Stock Company, CHUNWO-FICO Joint Venture Company Limited (with Hong Kong), FICO-COREA Construction Joint Venture Company Limited (with Korea)...
+ Promote real estate investment and business, and strengthen the search and cooperation with partners to expand the scale and scope of investment in works and projects, with a focus on investing in residential and office projects and luxury apartments. Some typical projects that the Corporation is implementing include: City Garden Vietnam luxury apartment complex (59 Ngo Tat To, Ho Chi Minh City), HORIZON Building (214 Tran Quang Khai, Ho Chi Minh City), Van Do Apartment Project (348 Ben Van Don, Ho Chi Minh City)...
+ Continue to prioritize the field of manufacturing and trading traditional construction materials with cement products (black and white), high-end construction materials for export (Ceramic tiles, granite, tiles, construction bricks of all kinds, stone, white sand, glass products...). Typically the implementation of projects: Tay Ninh Cement, White Cement (BMT), Stone for export (Phuoc Hoa), Superfine sand grinding project for export (Cam Ranh), HAVALY-FICO project (producing MOSAIC products behind glass), Projects to renovate and upgrade brick and tile production lines in VITALY, Thanh Thanh, Dong Nai...
* Period July 2010 to September 2016:
Implementing the direction of the Prime Minister and the Ministry of Construction on business innovation arrangements; From July 2010 to present, FiCO Corporation was officially transformed into a one-member limited liability company according to Decision No. 614/QD-BXD dated June 10, 2010 of the Ministry of Construction.
On September 28, 2016, with the approval of the Ministry of Construction, the FiCO Equitization Steering Committee successfully organized the first General Meeting of Shareholders. Since October 1, 2016, FiCO Corporation was officially transformed into a Joint Stock Company with the name Construction Materials Company No. 1 - Joint Stock Company (FiCO), charter capital is 1,270,000,000,000 VND (according to Business Registration Certificate No. 0300402493 issued by the Department of Planning and Investment of Ho Chi Minh City for the first time on October 1, 2016). June 29, 2010, issued the 6th change on October 1, 2016).
The Company was granted Securities Registration Certificate No. 43/2018/GCNCP-VSD on June 13, 2018, the number of registered securities was 127,000,000 shares.
Fields of activity of the Corporation:
+ Trading in construction materials, installation equipment in construction, mining of stone, sand, gravel, clay;
+ Civil engineering construction, real estate business.
Address: 15th Floor, Sailing Tower, 111A Pasteur, Ben Nghe Ward, District 1, Ho Chi Minh City
Phone: (84-28) 3823 0809 Fax: (84-28) 3821 3233
Disclosure Officer: Cao Truong Thu - Chief of Office
Email: [email protected]
Website: www.fico.com.vn