Vietnam Railways to sell 51% stake in Virasimex

July 19, 2016 - 10:37

Việt Nam Railways has offered 51.13 per cent of charter capital in Railway Import - Export and Supply Material Equipment JSC (Virasimex) today, the Hà Nội Stock Exchange said.

Railway Import - Export and Supply Material Equipment JSC trains and exports the labour force to the regional and international markets. — Photo xuatkhaulaodongvn.wordpress.com

HÀ NỘI — Việt Nam Railways has offered 51.13 per cent of charter capital in Railway Import - Export and Supply Material Equipment JSC (Virasimex) today, the Hà Nội Stock Exchange said.

The stake, or about 1.6 million shares, would be auctioned as 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 include nine individuals and nine organisations had qualified to participate the auction, HNX said. — VNS

Tags Vietnam VNR stakes Virasimex

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