Viet Nam Sea Products Import-Export Joint Stock Corporation (Seaprodex) will trade all its 125 million shares on the Unlisted Public Company Market (UPCoM) on December 23.
Many State-owned companies with a charter capital of more than VND1
trillion (US$44.4 million) failed to elicit investors'' interest with
their recent initial public offering (IPO). Analysts attributed it
primarily to their unproductive operation, as well as poor preparation
for the IPO.
Viet Nam National Seaproducts Corporation (Seaprodex) has approved a
plan to sell all its stake in the Vietnamese-French Cattle Feed Joint
Stock Company, better known as Proconco.
The Vietnam Sea Products Corporation Company Limited (Seaprodex) sold
more than 45.17 million shares in its initial public offering (IPO) at
the HCM City Stock Exchange on December 12.