Hanoi-based FPT, valued at $680 million on unofficial markets said in a statement after it was given permission for the listing it would list all its 60,810,230 shares on the Ho Chi Minh City market on Dec. 13.
Last month, FPT sold a 10 percent stake to private equity group Texas Pacific Group and Intel Capital, a unit of Intel Corp., for $36.5 million. Other shareholder groups with stakes of less than 10 percent were the government and members of the board.
FPT makes software, sells mobile phones and provides Internet services. It also plans to create the world's largest IT University near Hanoi for 50,000 students and to double the number of employees by 2008 to 16,000.
The firm expected between 40 and 50 percent growth in both profit and sales in 2007 and 2008 due to a booming outsourcing division, he said.
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