Business

9.7 trillion VND collected from HNX share auctions in November

The Hanoi Stock Exchange (HNX) organised five auctions for divestment in November with total transaction value of more than 9.7 trillion VND (415 million USD).
9.7 trillion VND collected from HNX share auctions in November ảnh 1The HNX held 36 auctions in November. (Photo: VNA)

Hanoi (VNA) - The Hanoi Stock Exchange (HNX) organised fiveauctions for divestment in November with total transaction value of more than 9.7trillion VND (415 million USD).

The auctions were held for the Vietnam Construction And Import-Export JointStock Corporation (Vinaconex), the Hanoi Housing Development and InvestmentJoint Stock Company, the Water Transport Company under the Vietnam NationalCoal – Mineral Industries Holding Corporation Limited (Vinacomin), and the VietTri Paper Company.

About 376 million shares were put upfor sale at the auctions, but up to 997 million shares were ordered, 2.65 timesmore than the offered amount.

As a result, all 376 million shares offered are sold for more than 9.7 trillionVND or 100 percent.

In the last 11 months, the HNX held 36 auctions, including 25 for divestment,10 initial public offerings (IPOs) and one for purchase rights.

Of over 1.98 billion shares offered,about 1 billion shares were sold for 20.8 trillion VND (890 million USD), reaching54 percent.-VNA
VNA
#Hanoi Stock Exchange (HNX) #five auctions #divestment #transaction value #9.7 trillion VND #Vinaconex #Viet Tri Paper Company #Vinacomin #initial public offerings #Vietnam News Agency #Vietnamplus
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