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Vietnam Rubber Group

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 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).

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Stock indexes
HOSE HNX VN30 UPCOM
1,177.4 -12.82 -1.08
Volume: 778,311,310 Value: 17,488 (Billions VNĐ)
222.63 -2.68 -1.19
Volume: 74,114,530 Value: 1,394 (Billions VNĐ)
87.51 -0.51 -0.58
Volume: 30,483,895 Value: 436 (Billions VNĐ)
1,200.37 -6.27 -0.52
Volume: 273,500,146 Value: 8,182 (Billions VNĐ)