Analytic
Hotline: 08887 08817

VRG's IPO severely suffers from investors’ indifference

Although the registration for IPO of the Vietnam Rubber Group (VRG) has expired, only 100,772,400 shares, equaling 21 per cent of the total shares on offer, were registered for acquisition, according to Ho Chi Minh City Stock Exchange (HOSE).

The State to auction over 475 million VRG shares at price of US$0.57 each

The Deputy Prime Minister Vuong Dinh Hue has approved the plan for the equitization and conversion of Vietnam Rubber Group (VRG) into a joint-stock company (JSC).

The Vietnam Rubber Group sets target of equitization to gain nearly VND13 trillion

The Vietnam Rubber Group will sell 24% of its shares through auction on HOSE (Ho Chi Minh Stock Exchange) and to strategic investors with the expected price of VND13,000 per share (about $0.57).

Stock indexes
1,290.18 7.09 0.55
Volume: 1,012,175,340 Value: 25,868 (Billions VNĐ)
243.92 1.07 0.44
Volume: 86,932,926 Value: 1,862 (Billions VNĐ)
91.48 0.3 0.33
Volume: 39,453,046 Value: 586 (Billions VNĐ)
1,303.2 14.43 1.12
Volume: 336,980,786 Value: 11,682 (Billions VNĐ)