LienVietBank prepares to list on HOSE

VNStockNews.com - Lien Viet Commercial Joint Stock Bank (LienVietBank) reported it is going to submit an application to list on Ho Chi Minh Stock Exchange (HOSE). This decision comes after the bank obtained SBV's approval on hiking its chartered capital by 350 billion dong from 3.3 trillion dong to 3.650 trillion dong.

Existing shareholders at the capital increase time can buy warrant of new shares of five percent of total holding with the issue price of 10,000 dong per share.

The strategic partners and the bank's employees would also have right to buy 18.5 million new shares at the minimum price of 10,000 dong each.