The Ministry of Construction plans to auction its entire holding of 139 million shares in the Hanoi Construction Corporation – JSC (Hancorp) on the Ha Noi Stock Exchange (HNX), the bourse announced on Monday.
The poor first-quarter response to IPOs (Initial Public Offerings)
launched by State-owned enterprises (SOEs) shows that they have not
prepared well for their equitisation process, a VnExpress report said.
Companies plan to launch a number of initial public offerings (IPOs) at
the end of February and in March, and trillions of dong will likely be
needed to absorb them.