The Hà Nội Stock Exchange has approved the listing of Khánh Hòa Sanest Beverage Company on the Unlisted Public Company Market (UPCoM).

Khánh Hòa Sanest Beverage Company earned VNĐ222.7 billion (US$9.8 million) from the sale of nearly eight million shares at its initial public offering (IPO) , the HCM City Stock Exchange said.

The Khánh Hòa Sanest Beverage Company will make its first public offering (IPO) of nearly eight million shares at the initial price of VNĐ23,000 (US$1) on September 11, according to the HCM Stock Exchange.