Tags: ipo

Vietnam National Shipping Lines to hold IPO in August

Vietnam National Shipping Lines to hold IPO in August

The Vietnam National Shipping Lines (Vinalines) is scheduled to carry out its initial public offering (IPO) in August, according to the firm’s latest equitisation plan recently submitted to the Prime Minister for approval.

TH Group expects IPO in Singapore within next two years

TH Group expects IPO in Singapore within next two years

TH Group may one-up Vietjet and VNG by becoming the first Vietnamese firm to have its stock listed on an overseas stock exchange. However, the IPO is planned for 2020, which leaves a lot of space for action for the other firms.

PV Power to take over Nhon Trach 3 and 4 thermal power plants

PV Power to take over Nhon Trach 3 and 4 thermal power plants

PetroVietnam Power Corporation (PV Power), Vietnam’s second largest electricity producer, will replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone (IZ) in the southern province of Dong Nai.

Vietnam's HDBank to absorb PGBank in merger

Vietnam's HDBank to absorb PGBank in merger

Vietnam’s Ho Chi Minh City Development Joint Stock Bank, better known as HDBank, said its shareholders approved on April 21 a plan to merge with the unlisted Petrolimex Group Commercial Joint Stock Bank as it seeks to expand operations in the country.

VTVCab cancels IPO after few investors show interest

VTVCab cancels IPO after few investors show interest

The Vietnam Television Cable Corporation (VTVCab) will cancel its initial public offering (IPO) on April 17 as only one investor registered to attend the auction by the end of April 10, 2018 – the deadline for investors to sign up for the IPO.

Government raises US$61.5 million from SOE divestment

Government raises US$61.5 million from SOE divestment

The Government raised more than 1.39 trillion VND (61.5 million USD) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of Finance.

Foreign investors keen on Vietnam’s consumption growth

Foreign investors keen on Vietnam’s consumption growth

Foreign investment funds are interested in fields benefiting from the growing middle class in Vietnam, listed companies and those with plans to make initial public offering (IPO) in the areas of food, retail, digital technology, aviation, tourism, oil and gas, banking and real estate, said an entrepreneur.

PV Power starts trading shares on UPCoM

PV Power starts trading shares on UPCoM

Following the successful initial public offering (IPO) in January, PetroVietnam Power Corporation (PV Power), the second largest state-run electricity producer in Vietnam, started trading its shares on the Unlisted Public Company Market (UPCoM) on March 6.

PV Power awaits listing on UpCOM and strategic investor

PV Power awaits listing on UpCOM and strategic investor

After a successful initial public offering (IPO), PetroVietnam Power Corporation (PV Power)—the second-largest electricity producer in Vietnam—is ready to list its shares on the Unlisted Public Company Market (UpCOM) on March 6 and is looking for a strategic investor.

T&T gunning for strategic ownership in Vinafood 2

T&T gunning for strategic ownership in Vinafood 2

T&T Group expressed interest in buying the 125 million shares (representing 25 per cent of the charter capital) on offer to become the strategic investor of Southern Food Corporation (Vinafood 2).

Genco 3’s IPO ends with only 3 percent of shares sold

Genco 3’s IPO ends with only 3 percent of shares sold

Only 3 percent of a total of 267 million shares offered in the initial public offering (IPO) of Power Generation Corporation 3 (Genco 3) on February 9 were sold successfully, a poor result given the high market expectations before the sale.

Vinalines to hold IPO in mid-2018

Vinalines to hold IPO in mid-2018

The Vietnam National Shipping Lines (Vinalines) is seeking to make its initial public offering (IPO) in mid-2018, with an expected chartered capital of US$630 million.

PV Power sells over 468 million shares in IPO

PV Power sells over 468 million shares in IPO

The PetroVietnam Power Corporation (PV Power) sold all 468.37 million shares it offered at the initial public offering (IPO) at the Hanoi Stock Exchange on January 31, raising nearly VND7 trillion (US$308 million).