Vincom to sell shares overseas
HCM City-listed Vincom will sell a maximum of 93 million shares on the Singapore market to raise capital to complete its ongoing projects and to increase its working capital.
The sale, which is worth 8.8 trillion VND (440 million USD), is expected to be implemented in the first quarter. Shares will be listed on the Singapore Stock Exchange after the issue.
On December 29th, the company increased their charter capital to 3.7 trillion VND ($185 million).
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