Vietnam Paper Corp chooses equitisation aid

VNStockNews.com - Vietnam Industrial and Commercial Securities Co inked a deal yesterday to provide consultancy for the equitisation of the Vietnam Paper Corporation, planned for the first quarter of next year.

In addition to consulting on required paperwork for the listing of shares, the brokerage will support the corporation in finding strategic partners and formulating business plans after the equitisation.

The State-owned paper company now has a charter capital of over VND1 trillion (US$58 million) and total assets of VND2.6 trillion ($144.4 million).