softbank unveils massive 21 bn ipo of japan mobile unit

SoftBank unveils massive $21 bn IPO of Japan mobile unit

TOKYO: Telecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 billion and be one of the biggest tech IPOs in years.
profit of agribank surges ahead on the threshold of equitisation

Profit of Agribank surges ahead on the threshold of equitisation

Agribank’s revenue in the first half of 2018 increased by 37 per cent, which is a positive signal for the bank before its IPO, but problems with capital pose a threat to success.
basf sees potential for local growth

BASF sees potential for local growth

German chemical giant BASF has made a firm commitment to supporting the growth of Vietnam. Tanachart Ralsiripong, managing director of BASF Vietnam, spoke to VIR’s Kim Chung about his insights into the market and how BASF will drive business growth in Vietnam.
stellar ipo deals expected in 2019

Stellar IPO deals expected in 2019

Numerous state-owned enterprises, including MobiFone, VNPT, and EVN Genco 1 and 2, are expected to conduct their initial public offering (IPO) in 2019.
reasons behind major ipo failures

Reasons behind major IPO failures

Since the beginning of 2018, the initial public offerings (IPOs) of major businesses, for instance Vietnam Rubber Group, Power Generation Corporation 3 or Vietnam National Shipping Lines, saw flat results. What stands behind these failures and what lessons can be drawn?
where has the money gone after landmark stock issuances

Where has the money gone after landmark stock issuances?

While M&A is a popular strategy to mobilise capital, the outcomes of these deals get far less attention a couple of years down the road. Khac Lam delves into the most eminent cases in the Vietnamese stock market.
vinalines fails to attract investors to ipo

Vinalines fails to attract investors to IPO

State-owned shipping giant Vinalines sold 5.44 million shares at its initial public offering (IPO) on September 5, only 1.1 per cent of the nearly 490 million shares offered for sale.
vinalines ipo garnering new interest

Vinalines IPO garnering new interest

After forecasts had dimmed the outlook for state-owned shipping giant Vinalines' upcoming IPO, the prospects for the hottest state divestment in the shipping industry in 2018 are on an upward trend, thanks to growing interest from international groups. Nguyen Canh Tinh, acting CEO of Vinalines, discussed the company’s investment opportunities and future plans with VIR’s Bich Thuy.
illegal drug trafficking chain cracked down

Illegal drug trafficking chain cracked down

Tan Son Nhat International Aiport Customs officers on Sunday announced that they have smashed an illegal marijuana trafficking chain from the US to Vietnam.
uncertainties around vinalines ipo

Uncertainties around Vinalines’ IPO

Despite high engagement from foreign investors,  forecasts for the upcoming IPO of state-run shipping giant Vinalines are not promising, triggering fears of it becoming the latest in a string of failed IPOs. Bich Thuy and Nam Phuong report.
vinalines conducts roadshow to promote upcoming ipo

Vinalines conducts roadshow to promote upcoming IPO

State-run shipping giant Vinalines conducted a roadshow yesterday to promote its upcoming initial public offering (IPO) scheduled to take place on September 5, 2018 at the Hanoi Stock Exchange.
vinalines ipo hits a tougher road after sk failure

Vinalines’ IPO hits a tougher road after SK failure

The failure of SK Securities, a new arm of South Korea’s J&W Partners Ltd., to become a strategic partner of Vietnam’s state-run shipping group Vinalines, has signalled a tougher road ahead for the latter’s plan to divest its 34.8 per cent state stake at the upcoming initial public offering in Hanoi.
vinalines to conduct ipo on september 5

Vinalines to conduct IPO on September 5

Vietnam National Shipping Lines (Vinalines) will conduct its initial public offering (IPO) to divest 488.818 million shares via a bid with the starting price of VND10,000 per share. The auction is expected to be organised on September 5.
xiaomi lowers target as it kicks off ipo

Xiaomi lowers target as it kicks off IPO

Chinese smartphone maker Xiaomi kicked off its initial public offering Thursday but the firm is likely to pull in about $6.1 billion, far less than originally expected, with investors having mixed views about its main business.
at least six months of waiting time for mobifone shares

At least six months of waiting time for MobiFone shares

Foreign investors may have to wait for a long time to buy MobiFone shares, especially after the authorities have published the conclusions of the AVG inspection.