Vinalines to try its luck with second public share offering

The state-owned Vietnam National Shipping Lines (Vinalines) will try a second public share sale of the remaining 480 million shares not purchased at its recent public offering early September, reported Vietnam News. The company said it will come back to the Hanoi Stock Exchange soon to complement its initial public offering (IPO) which attracted little interest.

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Vinalines set for IPO

Vietnam’s largest state-owned shipping firm is finally ready to be privatised through an initial public offering (IPO) in the middle of the year, according to Vinalines acting ceo Nguyen Canh Tinh. 

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