Report

Analyst Pin-board VCB: Business update

The State Securities Commission of Vietnam (SSC) approves of VCB offering its shares to financial investors. Accordingly, we learn that the bank will issue nearly 108 Mn new shares to GIC and Mizuho, and received USD 270 Mn in return. Hence, the average offered price is estimated at around VND 57,000 - 57,500 per share.

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Viet Dragon Securities
Viet Dragon Securities

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