Sao Mai Conscorp To Debut On HOSE Jan 18

VNStockNews.com - Sao Mai Investment and Construction Joint Stock Co. (ASM), or Sao Mai Conscorp, will debut with 9.91 million shares on the Ho Chi Minh Stock Exchange (HOSE) on Jan. 18, the bourse said Wednesday.

The company's shares will start trading at VND50,000 each, the market operator said in a statement.

On the first trading day, the company's shares will be subject to a trading band of 20% around the initial price, wider than the usual band of 5%, it said.