Saigon Co-op to roll out 25.5 million shares
More than 24.8 million shares will be sold to existing shareholders and 677,000 shares be reserved for Saigon Co-op personnel.
The par value is VND10,000 ($0.5) per share and this makes the total value by par value of VND255 billion ($12.3 million). Kim Eng Vietnam Securities Company is the consultant for this issuance.
Saigon Co-op Investment and Development Company has charter capital of VND1 trillion ($48 million) and equities are still traded via the OTC.
The company is headquartered at 199 Nguyen Thai Hoc Street, District 1, Ho Chi Minh City, also the head office of its parent enterprise – the Saigon Co-op supermarket chain.
Saigon Co-op is a leading Vietnamese retailer, operating supermarkets across the country.
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