Viglacera's IPO to take place in February
21-12-2013 15:57:59+07:00
Viglacera's IPO to take place in February
Brick and ceramics manufacturer Viglacera will conduct its initial public offering (IPO) on February 20 next year, the Ha Noi Stock Exchange announced.
Viglacera's charter capital is VND3.07 trillion (US$144.8 million), but the company will offer more than 76.9 million shares, accounting for only 25.06 per cent of the charter capital. The initial price will be VND10,300 ($0.48).
In addition, the company will sell a 0.77 per cent stake to its employees, while the dominant stake of 74.17 per cent is held by the State.
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