Investors Register to Buy Vietcombank Shares Scheduled for December 26

As many as 9,473 have registered to buy over 122.2 million shares of the Bank for Foreign Trade of Vietnam at its initial public offering scheduled for December 26.

Of these, 45 foreign organizations have registered to buy nearly 39.9 million shares while 207 foreign individuals have ordered to buy nearly 805,000 shares.

In total, foreigners ordered to buy nearly 40.7 million shares, accounting for over 40% of the total 97.5million shares offered by Vietcombank.

153 domestic organizations have ordered to buy 34.8 million shares while 9,068 domestic individuals have registered to buy over 46.7 million shares.

Vietcombank is the first State-owned bank to offer shares to public. The shares offered at its IPO are equivalent to 6.5% of its stake. At this auction, foreign investors are allowed to buy a maximum of 30% of the total shares offered.

source: Nhan Dan Online