The Taiwan-backed Royal International Corp, operator of Vietnam's biggest casino Halong Casino, aims to raise about $100 million from its debut listing on July 20, a company official said on Thursday.
"Our expectation is that the shares would be traded on Ho Chi Minh Stock Exchange at about 200,000 dong ($12.4) each on the first day of trading," Tran Trong Nghia, the company's head of equitisation, told Reuters.
He said the 8 million shares to be listed have a face value of 10,000 dong each ($0.63) and account for nearly 23 percent of the firm's total stake.
Source: Reuters
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