Saigon-Hanoi Bank trades 150 million more shares

VNStockNews.com - Saigon-Hanoi Commercial Joint Stock Bank, or SH Bank, on Monday got approval to trade another 150 million shares on the Hanoi Stock Exchange (HNX) with face value of VND10,000 per share.

The bank is trading a total of 200 million shares with total face value of VND2 trillion. SH Bank earlier pledged to float more shares before June 20.

SH Bank made its debut on the HNX on April 20 with 50 million shares, or 25% of its chartered capital. Some 17.5 million shares in the first issuance were put under transfer restriction.

The bank has chartered capital of VND2 trillion and obtained over VND60 billion in after-tax profit in the first quarter of this year.