Vinapharm to trade on UPCoM in May

May 15, 2017 - 15:27

Việt Nam Pharmaceutical Corporation (Vinapharm) has obtained approval from Hà Nội Stock Exchange (HNX) to trade 237 million shares on the Unlisted Public Company Market (UPCoM), under stock code DVN.

Vinapharm will start trading on the UPCoM on May 19, 2017, at a starting price of VNĐ10,400 (45 US cents) per share. — Photo ndh.vn

Viet Nam News

HÀ NỘI — Việt Nam Pharmaceutical Corporation (Vinapharm) has obtained approval from Hà Nội Stock Exchange (HNX) to trade 237 million shares on the Unlisted Public Company Market (UPCoM), under stock code DVN.

Vinapharm will start trading on the UPCoM on May 19, 2017, at a starting price of VNĐ10,400 (45 US cents) per share.

Vinapharm has charter capital of VNĐ2.37 trillion and launched its initial public offering (IPO) on the HNX on June 22 last year. All of its 42,557,000 shares put up on auction were purchased at an average successful bidding price of VNĐ10,433 per share.

Vinapharm has been officially operating as a joint-stock company since last December. Currently, this pharmaceutical company has two major shareholders holding a total of 82 per cent of charter capital, of which the Ministry of Health owns 65 per cent and strategic investor Việt Phương Investment Group owns 17 per cent.

From the end of 2016, on the Over the Counter (OTC) market, DVN shares were being traded at some VNĐ20,000 per share. — VNS

Tags UPCoM share Vinapharm

FPT and DENSO sign MoU to accelerate software-defined vehicle innovation

bizhub

Sacombank wins nine awards from card organisations

bizhub

Work starts on $84.5-million glove manufacturing project in Nam Định

bizhub

Mega trading project starts construction in Đà Nẵng

bizhub

Samsung holds second corporate social responsibility day

bizhub

Growing wine market to be worth US$382 million

More on this story

bizhub

Samsung Việt Nam donates water filtration systems

Samsung Việt Nam (SEV) last weekend sponsored water filtration systems for 10 pre-schools in the northern Thái Nguyên and Bắc Ninh provinces, with the support of four other organisations.

bizhub

FLC to invest VNĐ30 trillion in Bình Định

FLC Group has invested around VNĐ7 trillion (US$308.4 million) in central Bình Định Province, and its investment could touch VNĐ30 trillion ($1.33 billion) in the future, FLC’s vice-chairwoman Hương Trần Kiều Dung said.

bizhub

Đà Nẵng launches online feedback service

Authorities in Đà Nẵng have launched a website at gopy.danang.gov.vn to get feedback on city services from the local community.

bizhub

Viettel 4G subscribers increase 1.5 times after launch

Military-run telecom group Viettel's 4G subscribers increased by 1.5 times following its official launch and reached nearly three million by the end of April, the company announced.

bizhub

VCA to hold public consultation on anti-dumping duties

Việt Nam Competition Authority (VCA), under the Ministry of Industry and Trade, has invited concerned parties to a public consultation on anti-dumping tariffs on H-shaped steel products.

bizhub

Mường Thanh Group launches five-star hotel in Đà Nẵng

The Mường Thanh Hotel Group has launched a five-star hotel – its second hotel project in Đà Nẵng, part of a chain of 53 hotel projects and resorts across Việt Nam.

bizhub

Travel firms’ revenues outstrip profits

Việt Nam’s tourism industry recorded a successful year with VNĐ400 trillion (US$17.6 billion) of total revenue in 2016. However, the travel companies' profits are not commensurate with their revenue, vneconomy.vn reports.

bizhub

Microsoft announces Window 10 Fall Creators Update

At the Build 2017 developer conference held on Thursday, Microsoft Corp shared the first details of its next major update to Windows, the Windows 10 Fall Creators Update.

bizhub

APEC App challenge to knock down trade hurdles

Eleven teams of developers from APEC member economies will be in Hà Nội from May 18 to 19 to participate in a 24-hour app challenge to build a new mobile or web solution to one or more key challenges faced by medium, small, and micro enterprise owners, who are interested in expanding their businesses through cross-border trade.