Friday, August 03, 2007

HCM City bourse puts two more IPOs on calendar

The Da Nang Food Industry Joint Stock Co. will make an IPO of 100,000 shares on Aug. 22, according to the Ho Chi Minh City stock exchange.

The company, with charter capital of 43 billion VND (2.7 million USD), said that the shares, with a face value of 10,000 VND, would be offered at an intial price of 190,000 VND (11,875 USD) per share.

The Bao Loc water plant will also auction 796,800 shares on Aug. 21.

Source: VNA

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