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Vingroup has just launched its Vincom Centre Landmark 81 in the Ho Chi Minh city’s 81-storey skyscraper Landmark 81.
On the second day (Nov 07) being traded on the Hochiminh Stock Exchange (HOSE), Vincom Retail’s shares (VRE) hit the record of the stock market with 415 million shares worth nearly VND17 trillion (roughly US$740 million) being purchased.
Vincom Retail, a Vietnamese mall operator under the Vingroup JSC corporate umbrella, was listed as VRE on the Hochiminh Stock Exchange (HOSE) on November 6, 2017 and its share price was traded at a peak level beyond expectation.
Vincom Retail, the shopping mall subsidiary of Vingroup, launched Vietnam’s largest-ever initial public offering (IPO) in a deal worth up to US$713 million.
The Vietnam’s largest owner and operator of shopping malls Vincom Retail, a subsidiary of Vingroup Joint Stock Company (Vingroup) has registered to list over 1.9 billion shares on the Hochiminh Stock Exchange (HOSE).
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Vincom Retail, the largest shopping mall operator in Vietnam, is planning an initial public offering (IPO) worth about US$600 million, a move considered as a retail market provocation and the second largest share sale since 2007 in Vietnam.
