PetroVietnam Oil Corporation (PV Oil) succeeded in conducting its initial public offering (IPO) by selling all 207 million shares offered, equalling 20 per cent of its charter capital. The average share price was VND20,196 ($0.89), fetching VND4.16 trillion ($184.9 million) in proceeds for the company.
Vietnam’s state-owned shipping giant Vinalines announced conducting its equitisation by staging its initial public offering (IPO) in mid-2018.
Vietnam Rubber Group (VRG) is expected to list its shares on the HCM Stock Exchange in June or July after its initial public offering on February 2.
Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, sold 7.79% of its charter capital, equivalent to 241.5 million shares during its first initial public offering (IPO) on January 17.
4,080 investors registered to buy 652 million shares in Binh Son Refining and Petroleum Co., Ltd., the operator of Dung Quat Refinery. The registered share purchases make up 2.7 times the offered share volume.
The Power Generation Corporation 2 (EVNGENCO2) is taking necessary steps to conduct the first public offering (IPO) in June, according to newly-appointed Director General Truong Hoang Vu.
State-owned shipping giant Vinalines targets to reduce its debt to around VND300 billion (US$13.6 million) when it becomes a joint stock company within this yea
Due to strict regulations and the erratic price of rubber, Vietnam Rubber Group (VRG) might be hindered in reaching its equitisation plan on the heels of its initial public offering (IPO) in the first quarter of 2018.
In 2017, Vietnamese banks have regained their appeal to foreign investors, after a long period of restructuring. Major share sales such as HDBank and VPBank in the last months of 2017 have raised millions of USD for the banks and attracted a great number of buyers from overseas.
The Power Generation Corporation 3 (Genco 3) will put more than 267 million shares, accounting for 12.8% of its charter capital, up for sale in its initial public offering (IPO) in February 2018.
A recent survey conducted by Vietnam Report revealed that finance and banking stocks would be the ones to watch out for in 2018 as a number of reputable financial institutions (FIs) schedule to hold their initial public offering (IPO) next year.
The Vietnamese market will see more state-owned enterprises (SOEs) equitised in 2018, following the State’s divestment from the Sai Gon Beer Alcohol Beverage Joint Stock Company (Sabeco) and Vietnam Dairy Products Joint Stock Company (Vinamilk).
The PetroVietnam Oil Corporation (PVOil) is completing preparations for its initial public offering (IPO) scheduled for January 25, 2018 in Ho Chi Minh Stock Exchange (HOSE).
Binh Son Refining and Petrochemical Company Limited (BSR) plans to float 242 million shares, equivalent to 7.79% of its chartered capital, in an initial public offering (IPO) scheduled for January 17 on the Ho Chi Minh Stock Exchange (HOSE).
After being audited by the State Audit Office of Vietnam, the corporate value of Vietnam’s state-owned shipping group (Vinalines) increased by VND1.35 trillion ($59.4 million) with the state-owned capital increase of VND1.8 trillion ($79.2 million), compared to the previous statistics.
Binh Son Refining and Petrochemical Co Ltd (BSR), the operator of Dung Quat Refinery, will conduct Vietnam’s biggest-ever initial public offering (IPO) on January 17 next year, hoping to garner about VND4 trillion (US$157.4 million) for State coffers.
The state will divest about 20 per cent of its stake – more than 435 million shares – in Vietnam’s largest state-owned airport operator in the third quarter of next year.
Investors interested in becoming strategic investors of Binh Son Refining and Petrochemical Company Limited (BSR), currently operated by PetroVietnam, are offered to buy a maximum of 1.52 billion shares, equalling 49 per cent of the chartered capital.
Prime Minister Nguyen Xuan Phuc asked the Ministry of Public Security (MPS) to handle suspected financial violations by the Vietnam Rubber Group (VRG) prior to the company’s intended initial public offering.
The Investment and Industrial Development Corporation (Becamex IDC) will float over 311.2 million shares, equivalent to 23.63% of its charter capital, in its initial public offering (IPO) on December 1 on the HCM Stock Exchange.