Independent journal on economy and transport policy
19:44 GMT+2
Sai Gon Port to sell shares to banks
(Biz Hub)
August 21, 2015
HCM CITY - Sai Gon Port Company Limited will sell some 35.7 million shares to VietinBank and VPBank, which it plans to select as its strategic investors, during an auction on August 28.
The volume of shares is equivalent to 16.5 per cent of the firm's charter capital of VND2.16 trillion ($9.6 billion). The bid will be held at Maritime Securities in HCM City, and the initial price will be VND11,514 (US$0.5) per share ...... Read more on Biz Hub
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