Ha Noi Bus Station IPO raises VND95 billion

Monday, Jan 20, 2014 15:39

The Ha Noi Bus Station One Member Company Limited has sold its initial public offering, attracting 32 investors. The bidding process will be held on January 23 at the Hanoi Stock Exchange. Photo petrotimes.vn

HA NOI (Biz Hub) — The Ha Noi Bus Station One Member Company Limited has sold 1,99,500 shares of its initial public offering (IPO), worth VND95 billion (US$4.5 million), at the Hanoi Stock Exchange (HNX).

Two organisations and 30 individuals have registered to buy out 7,014,500 shares of the company, 3.5 times the total number of its selling shares. They have registered to buy out 3,695,000 shares and 3,319,500 shares, respectively.

The deadline to submit bids is 4pm on January 21. The bidding process will be held at 8.30am on January 23 at HNX. — VNS

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