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Vietnam: July IPOs set to double HCM City stock exchange value.

Thai Press Reports

| July 06, 2006 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Regional News - The Ho Chi Minh City Securities Trading Centre is set for a supply boom this month, with a series of initial public offering (IPOs) launched over the next few weeks.

The IPOs, together with additional share offerings by existing listed firms in July, were expected to double the total face value of shares on the HCM City stock market to nearly 8 trillion VND (500million USD), the State Securities Commission (SSC) said.

After six years of trading, the HCM City stock exchange now boasts 37 listed companies, with available shares worth 4,196.53 billion VND in face value.

Investors are eagerly …

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