Vietnam’s Vinalines seeks to raise $210 mln in Sept 5 IPO

Vietnam’s Vinalines seeks to raise $210 mln in Sept 5 IPO
Vietnam National Shipping Lines, a state-owned shipping firm, is seeking to raise around 4.89 trillion dong ($210 million) from an initial public offering (IPO) next month, bookrunner Saigon Securities Inc. said. The company, better known as Vinalines, will auction 488.82 million shares, or a 34.8 percent stake, at a price of 10,000 dong a piece ... read more
Source: Shipping NewsPublished on 2018-08-10
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