The Hanoi Beer Alcohol and Beverage Co (Habeco) will sell a portion of the shares, left over from its undersubscribed initial public offering (IPO), to its foreign strategic partner, the Denmark-based brewer Carlberg.
Habeco is working on a detailed plan for this sale, said a representative from the company’s accounting department.
”The price will be consistent with IPO price of VND50,000 per share,” he said, noting that the actual price to be paid by Carlsberg could not be revealed.
The representative added: “Carlsberg has expressed its desire to buy more shares. We chose to accept this offer in order to preserve our shares’ liquidity and develop our future cooperation.”
In late March, Habeco sold only 4.3 million out of the 34.7 million shares offered in its IPO with an average price of VND50,015 per share.
”The price will be consistent with IPO price of VND50,000 per share,” he said, noting that the actual price to be paid by Carlsberg could not be revealed.
The representative added: “Carlsberg has expressed its desire to buy more shares. We chose to accept this offer in order to preserve our shares’ liquidity and develop our future cooperation.”
In late March, Habeco sold only 4.3 million out of the 34.7 million shares offered in its IPO with an average price of VND50,015 per share.
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