The Viet Nam Insurance Corporation (Bao Viet) will sell nearly 60 million shares, equivalent to 8.74% of its chartered capital, to the public when it turns into a joint stock company.
The Ministry of Finance said the sale of shares would be conducted through auctions at the stock market.
Of the total offered shares, 13.6 million (2% of the chartered capital) will be sold to foreign investors; 3.4 million shares (0.5%) to domestic organisations; and 340,000 shares (0.05%) to domestic individual investors.
Source: VNA
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