Analyst Pin-board VTP – Viettel Group’s divestment and VTP’s competitive advantage assessment
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Around five million shares of Viettel Group at VTP will be auctioned on November 11st, 2020 |
HNX announced that on November 11st, 2020, around five million shares of VTP will be publicly auctioned on HNX with a starting price of VND 105,500 per share, up from the previous starting price of VND 104,800 per share. Thus, the divestment rate is 6% of VTP's charter capital, equivalent to the total starting value of about VND 530 billion. We believe that Viettel Group's divestment would attract little attention from potential strategic investors due to its relatively low divestment rate and lack of information about next phase of Viettel Group’s divestment.
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