​Vietnam lender Techcombank to make market debut on June 4 in $6.5 bln listing

25/05/2018 10:49

At the reference price, the bank is valued at 149 trillion dong ($6.54 billion)

Vietnamese lender Techcombank will list on the Ho Chi Minh Stock Exchange on June 4, according to a filing to the stock exchange published on the bank’s website on Wednesday.

At the reference price, the bank is valued at 149 trillion dong ($6.54 billion). Shares are allowed to move 20 percent higher or lower than the reference price on the first day of listing.

The bank raised $922 million last month in one of the country’s biggest offerings.

Reuters

Link nội dung: https://news.tuoitre.vn/vietnam-lender-techcombank-to-make-market-debut-on-june-4-in-65-bln-listing-10345766.htm