Taxi operator Mai Linh aims for higher revenue

Mai Linh Group (MLG) has targeted 3.68 trillion VND (241 million USD) in revenue this year. This was announced at the group’s shareholder meeting on May 19.

The corporation plans to list its shares on the HCM City Stock Exchange (HOSE) in August this year.

The corporation is scheduled to raise its taxi fleet to 8,300 units by late 2008. Mai Linh aims to turn into a multi-business group by contributing capital to real estate, buses, eco-tourism, an automobile manufacturing plant and a driver training centre.

VNA

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