The Hanoi Stock Exchange conducted four auctions in March (Source: http://baodautu.vn)Hanoi (VNA) – The Hanoi Stock Exchange said that it will organise sixauctions in April to offload shares of Kim Lien Tourism JSC, Song Hong EnergyJSC, Lung Lo 3 Co., Ltd, Vietnam Television Cable Corporation one member Co.,Ltd, Van Tuong Investment Structure one member Co., Ltd and Orient CommercialJoint Stock Bank.
The northern bourse said that more than 84.9 million shares were sold out inMarch’s four auctions, raising total capital of over 1.3 trillion VND (57.2million USD) for the State budget. Those include two initial public offerings(IPO) of the Garment and Textile Institute and the Hanoi Trading Corporation(Hapro) and two divestment auctions of Hapulico Industry JSC and Thong NhatElectromechanical JSC.
Over 85 million shares were put up for sale in the month, doubling the amountin February.
Investors registered to buy around 114.75 million shares, 1.35 times higherthan the volume of shares offered. They particularly showed their interests inHapro shares and Thong Nhat Electromechanical JSC shares when the amount ofordered stocks was much higher than the quantity offered.
The IPO of Hapro saw 100 percent of the shares sold out, earning the state over980 billion VND (43.12 million USD).-VNA
The northern bourse said that more than 84.9 million shares were sold out inMarch’s four auctions, raising total capital of over 1.3 trillion VND (57.2million USD) for the State budget. Those include two initial public offerings(IPO) of the Garment and Textile Institute and the Hanoi Trading Corporation(Hapro) and two divestment auctions of Hapulico Industry JSC and Thong NhatElectromechanical JSC.
Over 85 million shares were put up for sale in the month, doubling the amountin February.
Investors registered to buy around 114.75 million shares, 1.35 times higherthan the volume of shares offered. They particularly showed their interests inHapro shares and Thong Nhat Electromechanical JSC shares when the amount ofordered stocks was much higher than the quantity offered.
The IPO of Hapro saw 100 percent of the shares sold out, earning the state over980 billion VND (43.12 million USD).-VNA
VNA
