The HNX has organised 27 auctions in the first nine months of the year, including 16 capital withdrawals, 10 initial public offerings (IPOs) and one was for purchase rights. (Photo: hanoimoi.com.vn)Hanoi (VNA) – The Hanoi Stock Exchange (HNX) organized 27 auctionsso far this year with total transaction value of more than 10.8 trillion VND (465million USD) from.
About 1.5 billion shares were put up for sale at the auctions, and more than674 million shares were traded, accounting for 44 percent of the offeredamount.
The auctions included 10 initial public offerings (IPOs) and 16 for divestment.There was one auction for purchase rights.
In September, HNX hosted four auctions, including three IPOs of the Vietnam NationalShipping Lines (Vinalines), Nguyen Van Troi Forestry One Member Co Ltd and KonTum Water Supply One Member Ltd, and one auction of Vietcombank’s stake at the PhuongDong Bank.
Over 497.2 million shares were offered at the four auctions; however, only 39million shares were ordered. Shares offered by Nguyen Van Troi Forestry OneMember Co Ltd and Vietcombank were sold out.
This month, the bourse will see five IPOs of the Nha Trang Port Company,Military Bank, Vietnam Export Import Bank, MBLand Holdings, and Phu Tho CementCo.,Ltd.-VNA
VNA
