Tags: ipo

PV Oil collects US$190 million from IPO

PV Oil collects US$190 million from IPO

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.

Vinalines announces mid-year IPO

Vinalines announces mid-year IPO

Vietnam’s state-owned shipping giant Vinalines announced conducting its equitisation by staging its initial public offering (IPO) in mid-2018.

BSR sells out 7.79% of charter capital to the public

BSR sells out 7.79% of charter capital to the public

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.

Binh Son Refinery stake sale attracts huge attention

Binh Son Refinery stake sale attracts huge attention

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.

EVNGENCO2 to launch IPO in June

EVNGENCO2 to launch IPO in June

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.

VRG wading through deep waters before IPO

VRG wading through deep waters before IPO

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.

Foreign investors flock to limited-availability bank stocks

Foreign investors flock to limited-availability bank stocks

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.

Finance-banking stocks to become new craze in 2018

Finance-banking stocks to become new craze in 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.

State-owned enterprises gear up for equitisation

State-owned enterprises gear up for equitisation

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).

PVOil prepares for IPO next year

PVOil prepares for IPO next year

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 Refinery to hold IPO in early 2018

Binh Son Refinery to hold IPO in early 2018

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).

Vinalines corporate value estimated at US$800 million

Vinalines corporate value estimated at US$800 million

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.

ACV prepares for colossal divestment

ACV prepares for colossal divestment

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.

BSR offers 49 per cent to strategic investors

BSR offers 49 per cent to strategic investors

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.

Financial violations imperil rubber firm’s IPO

Financial violations imperil rubber firm’s IPO

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.

Becamex IDC to hold Vietnam’s 2nd-biggest IPO

Becamex IDC to hold Vietnam’s 2nd-biggest IPO

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.