VNStockNews.com - Total 6,784,600 shares of Song Hong Corp were sold successfully, in which total bidding volume was 28,494,600 shares, higher four times than the offering volume, Hanoi Stock Exchange reported yesterday.
In details, Song Hong Corp made IPO through auctioning 6,784,600 shares at a starting price of 14,000 dong/share. Over 514 investors including 15 institutions registered to buy 28,494,600 shares. The highest bidding order was four million shares and the lowest was 100 shares. The highest bidding price was 29,900 dong/share and average winning price was recorded at 22,290 dong/share.
Finally, there were 142 winners including 137 individuals and five institutions.
Total value of sold shares attained more than 151.22 billion dong.
Nov 10, 2009
Song Hong Corp reports IPO result
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