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State owned companies

State-owned blue chips not suitable for covered warrant trading

State-owned blue chips not suitable for covered warrant trading

Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.
State to divest from top breweries, ministry says

State to divest from top breweries, ministry says

The State will divest its capital in the Sai Gon Beer, Alcohol and Beverage Corporation (Sabeco) and the Ha Noi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) through open tenders.
State offloads shares in 16 IPOs, raises 90 million

State offloads shares in 16 IPOs, raises $90 million

The State offloaded 147.7 million shares worth VND2 trillion (US$89.7 million) in State-owned companies in 16 initial public offering (IPO) auctions during the first quarter of this year.
State firms fail to attract investors at IPO

State firms fail to attract investors at IPO

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.
Government to improve IPO procedures

Government to improve IPO procedures

The Government and the State Securities Commission (SSC) would have to improve the policies that had been preventing State-owned companies from being privatised, said officials and experts yesterday.
SSC readies new policies to attract foreign investment

SSC readies new policies to attract foreign investment

The State Securities Commission (SSC) is expected to finalise a set of new policies this year.
State-owned firms set for IPOs this year

State-owned firms set for IPOs this year

As the Government boosts the privatisation, or disinvestment, efforts of state-owned enterprises, several companies will launch initial public offerings (IPOs) and list their shares on the stock exchanges in 2014.