News

State-owned Vinatex to sell equity to fund restructuring

03/07/2014

State-owned Vietnamese textile manufacturer Vinatex is to sell shares in the company to raise funds for a restructuring exercise. Almost a quarter of the shares in the company will float on the Ho Chi Minh stock exchange on July 22, with a starting price per share of just over $0.50. A similar number of shares will be sold to private investors at ...

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