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Vietnam Railways to sell 51% stake in Virasimex

Jul 15th at 19:51
15-07-2016 19:51:27+07:00

Vietnam Railways to sell 51% stake in Virasimex

Vietnam Railways has offered 51.13 per cent of charter capital in Railway Import - Export and Supply Material Equipment JSC (Virasimex) on July 19, the Ha Noi Stock Exchange said.

 

The stakes or about 1.6 million shares would be auctioned in a whole lot at the starting price of VND27.47 billion or VND17,200 per share, respectively. Investors wishing to participate in the auction have to deposit 30 per cent of the deal or VND8.24 billion.

Eighteen investors, which included nine individuals and nine organisations had qualified to participate the auction, HNX said.

Based in Ha Noi, Virasimex mostly trained and exported the labour force to the regional and international markets.

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