Vietnam plans $209m Vinalines stake sale

The Vietnam government is set to reduce its stake in Vietnam National Shipping Lines (Vinalines) through an IPO of at least D4.9tr ($208.9m).

  • By Jonathan Breen
  • 10 Aug 2018

The state is planning an auction on September 5 to sell-down 488.8m shares with a floor price of D10,000 apiece. The deal would give the company a charter capital of at least D14tr.

Following the sale, the state will own 65% of the firm and the rest will ...

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Rank Arranger Share % by Volume
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4 UBS 2,763.89 13 6.37%
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Rank Lead Manager Amount $m No of issues Share %
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1 HSBC 9,015.48 82 9.61%
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3 JPMorgan 5,874.80 33 6.26%
4 UBS 4,304.34 42 4.59%
5 Standard Chartered Bank 3,635.57 34 3.88%

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