Record-breaking stock auction anticipated on Vietnamese market


The headquarters of Becamex in Binh Duong Province. - becamexdeptstore.vn via VNS/ANN

HANOI: The domestic stock market is set to witness a major event, with Becamex IDC preparing for a substantial stock auction that is expected to be the largest in Vietnam's history.

Becamex IDC plans to offer 300 million shares with a starting price of VND69,600 per share (US$2.74), aiming to raise over VND20.88 trillion (US$0.00082 trillion). On Monday (Feb 10), the company shares were trading at VND70,900 (US$2.78) per share.

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Vietnam , stock auction , Becamex

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