PetroVietnam Insurance Corp (PVI) will sell 10 million shares on the Ha Noi Securities Trading Centre on June 26 at an initial price of 50,000 VND (3.1 USD) a piece.
This is the second auction in a plan to sell 35.1 million shares this year to increase the company’s charter capital from 500 billion VND (31.3 million USD) to 851.4 billion VND (53.2 million USD).
Under the plan, PVI intends to auction 24.8 million shares to existing shareholders at a 2:1 ratio, and 270,100 shares to staff at a preferential price of 10,000 VND.
Source: VNA
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