Three billion more stocks to start trading next week

July 20, 2018 - 17:16

An additional three billion bank stocks will start trading on the Ho Chi Minh Stock Exchange (HOSE) next week, HOSE announced.

Three billion shares of Techcombank and VPBank will start trading on the HCM Stock Exchange next week. — Photo tieudungplus.vn

Viet Nam News

HÀ NỘI — An additional three billion bank stocks will start trading on the HCM Stock Exchange (HOSE) next week, HOSE announced.

The number of Techcombank (TCB)’s shares will triple from 1.16 billion to 3.49 billion. The 2.33 billion additional shares were issued to existing shareholders in its capital hike early this month.

The new shares will start trading on July 25.

With the new listing, Techcombank will surpass Bank for Investment and Development of Vietnam to take the third position in the top three largest banks in terms of charter capital with nearly VNĐ35 trillion (US$1.52 billion).

Meanwhile, about 925 million newly-issued shares of VPBank (VPB) will trade on HOSE on July 27, lifting its total listing from 1.49 billion to 2.43 billion shares.

The new shares were from the June issue to pay dividend and increase charter capital.

VPBank’s charter capital was raised to VNĐ24.23 trillion.

Both shares are trading around VNĐ27,000-VNĐ30,000 ($1.17-1.30) per share. — VNS

Tags Vietnam Techcombank VPBank Vietnam News share listing news

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

bizhub

Taiwan and Việt Nam collaboration in the water treatment sector is promising prosperity

bizhub

Maersk opens its first bonded warehouse in Việt Nam

More on this story

bizhub

Bosch Rexroth displays latest technologies in HCM City

Bosch Rexroth, the drive and control division of German company Bosch, showcased its latest technologies at the Factory Automation Technology Day organised in HCM City yesterday.

bizhub

Big C promotion marks 20th anniversary

Big C supermarket chain is offering discounts of up to 50 per cent on products like fresh and processed food, clothing and home appliances until July 24 to thank customers on the occasion of its 20^th anniversary in Việt Nam.

bizhub

Vinacomin aims to sell 39m tonnes of coal in 2018

The Việt Nam National Coal and Mineral Industries Group (Vinacomin) aims to sell 38.5-39 tonnes of coal, including 34.2 million tonnes of clean coal, by the year-end, up 1.32 million tonnes from last year.

bizhub

National flag carrier retains 4-star status

National flag carrier Vietnam Airlines has been certified as a 4-star airline by the international air transport rating organisation Skytrax for the third consecutive year.

bizhub

FWD wins marketing honours at Asia Insurance Awards

FWD Vietnam Insurance Company has won the "Marketing Initiative of the Year" award at the 2018 Asia Insurance Awards.

bizhub

Dutch Lady named among top 10 VN brands

FrieslandCampina’s Dutch Lady brand was voted among the Top 10 Vietnamese Brands this year in a poll conducted by the Việt Nam Intellectual Property Association on Sunday (July 15).

bizhub

PetroVietnam posts positive results for H1

The Vietnam Oil and Gas Group (PetroVietnam) not only reached the majority of its targets for the first half of 2018, but went beyond expectations, statistics showed.

bizhub

Ceramics firm Viglacera sees profits over $21 billion

State-owned glass and construction ceramic producer Viglacera forecasts earnings of nearly VNĐ500 billion (US$21.7 million) in pre-tax profit in the first six months of this year.

bizhub

SCG to train young managers in Việt Nam

SCG, a Southeast Asian conglomerate with interests in cement-building materials, chemicals and packaging, has announced plans for intensive training for its future leaders in Việt Nam.