Home Business & Finance Vietnam Retailer Dien May Xanh Raises Over $505 Million in IPO
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Vietnam Retailer Dien May Xanh Raises Over $505 Million in IPO

Vietnam Retailer Dien May Xanh Raises Over $505 Million in IPO
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Vietnam Retailer Dien May Xanh Raises Over $505 Million in IPO Dien May Xanh Investment JSC, an electronics retail chain unit of Mobile World Investment Corp., raised over 13.3 trillion dong ($505 million) in its initial public offering after receiving fewer bids for shares offered. The company sold about 166.4 million shares at the IPO, or 93% of those offered, according to a statement on its website. The winning price for the share sale was 80,000 dong per share.

Vietnam Retailer Dien May Xanh Raises Over $505 Million in IPO Dien May Xanh Investment JSC, an electronics retail chain unit of Mobile World Investment Corp., raised over 13.3 trillion dong ($505 million) in its initial public offering after receiving fewer bids for shares offered. The company sold about 166.4 million shares at the IPO, or 93% of those offered, according to a statement on its website. The winning price for the share sale was 80,000 dong per share. Institutional investors accounted for 90% of the total subscriptions. [Image text:] Dien mayXAI NH AGO SAMSUNO theginii N ITRIEUMAYLANH BaoVitTds Cing Lap Djit Nrerter
Vietnam (LOCATION) Dien May Xanh (PERSON) IPO Vietnam (ORG) IPO Dien (ORG) Mobile World Investment Corp. (ORG) IPO (ORG)
Originally published by Bloomberg Markets Read original →