Major state-firm Vietnam Rubber Group to list on HoSE next week
The reference price in the first trading session is set at VND11,570 (US$0.5) per share, equivalent to a market capitalization of VND46.28 trillion (US$2 billion).
The reference price in the first trading session is set at VND11,570 (US$0.5) per share, equivalent to a market capitalization of VND46.28 trillion (US$2 billion).
The company is concerned that demand from China, which accounts for half of the group’s shipments of latex, will fall.
Once completed listing on the Ho Chi Minh City Stock Exchange, Vietnam Rubber Group would be the second largest firm in terms of registered capital, behind BIDV.