HNX’s state capital divestment auctions bring in over 1 trillion VND
More than 1 trillion VND (43 million USD) was raised through 11 auctions of shares held by State-owned enterprises on the Hanoi Stock Exchange (HNX) in the first 10 months of 2020.
At an auction of the HNX (Source: HNX)Hanoi (VNA) - More than 1 trillion VND (43 million USD) was raised through 11 auctions of shares held by State-owned enterprises on the Hanoi Stock Exchange (HNX) in the first 10 months of 2020.
More than 43.4 million shares were put up for sale during the months. Some 42.3 million, or 97.5 percent, were sold for 1.036 trillion VND, or 186 billion VND higher than the asking price.
The 11 State capital divestment auctions included only one from Vietnam Electricity in October, which sold all of its 2.65 million shares for over 46 billion VND.
HNX said five State-owned enterprises are scheduled to carry out similar auctions this month, including the Vietnam Vegetable Oils Industry Corporation, with over 44.2 million shares, and the Viettel Post Joint Stock Corporation, with more than 4.98 million shares./.
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