Cam Ranh International Airport Co sold out all 1.45 million shares

July 13, 2017 - 12:01

Cam Ranh International Airport Services Joint Stock Company sold out successfully all its 1.45 million shares at an auction on the Ha Noi Stock Exchange (HNX) on Wednesday.

Cam Ranh International Airport. — Photo bestprice.vn

Viet Nam News

HÀ NỘI — Cam Ranh International Airport Services Joint Stock Company sold out successfully all its 1.45 million shares at an auction on the Hà Nội Stock Exchange (HNX) on Wednesday.

At least 63 investors, including two institutions, bought all the shares at an average price of VNĐ50,245 (US$2.2) per share, 67.5 per cent higher than the initial price of VNĐ30,000.

According to HNX, with 244 participants, it is the second auction with the highest number of investors in the HNX in 2017. The total purchase registration volume reached nearly 11.36 million, 7.8 times higher than the shares auctioned. The highest auction price was VNĐ65,000 per share, 116 per cent higher than the initial price.

The company, which has a charter capital of VNĐ60 billion, provides passenger services at Cam Ranh International Airport in Khánh Hòa Province, such as restaurants, catering services, business class room and souvenirs. — VNS

Tags Cam Ranh International Airport share auction

Việt Nam needs $14 billion to develop EV charging stations

Economy

Incentive mechanisms needed for semiconductor industry: PM

Economy

Hà Nội honours 36 key industrial products

Economy

CPTPP, UKVFTA to boost UK – Việt Nam trade relations

Economy

EVN signs contract for national grid power supply project for Côn Đảo

Economy

Canada Brand campaign begins

More on this story

Economy

MoF maintains raw iron export tax

The price of refined iron ore is 200 times more expensive than the raw iron ore for exporting, therefore, reducing the export tax on raw iron ore is unreasonable and discouraging investments in ore sorting technology, according to the Ministry of Finance (MoF).

Economy

SCIC’s plan to arrange its enterprises gets approval

Deputy Prime Minister early this week signed a decision to approve the plan of arranging enterprises under the State Capital Investment Corporation (SCIC) by 2020.

Economy

Trimmed interest rates might affect NIMs: experts

Commercial banks who have cut interest rates for short-term lending following the State Bank of Việt Nam’s cue might suffer a further decline in the net interest margin (NIM), experts said.

Economy

VN’s OSS mechanism sees massive growth

As many as 180,079 documents of 12,683 businesses were processed through the national one-stop-shop (OSS) mechanism by the end of June 2017, representing year-on-year rises of 107 per cent and 70 per cent, respectively.

Economy

Derivatives market to up investor confidence

Việt Nam’s stock exchange is poised to take its next step forward with the opening of the derivates market next month. This is expected to help investors hedge against risks and increase their confidence in the local securities market. Nguyễn Thành Long, Chairman of the Hà Nội Stock Exchange, speaks to Vietnam News Agency about the market’s preparations and expectations.

Economy

Cashew export volumes to fall, value not to be affected

Việt Nam is expected to export 320,000 tonnes of cashew for a value of US$3.3 billion this year, of which a reduce of 9.17 per cent in volume and an rise of 5 per cent in value over last year, according to the Việt Nam Cashew Association.

Economy

Cutting-edge trade portal opens

The Vietnam Trade Information Portal (VTIP) was officially launched yesterday by the General Department of Vietnam Customs (GDVC) with the help of the World Bank (WB), in order to provide the business community with a reliable one window information source on the relevant legal regulations and categorisation for both export and import purposes.