VNStockNews.com - Vien Dong Pharma Co will list about 8.9 million shares on the HCM City Stock Exchange on December 22 at an initial reference price of VND85,000 (US$4.60) per share. The price will be allowed to fluctuate on the opening day of trading within a range of plus-or-minus 20 per cent.
The pharmaceuticals maker earned VND788 billion and posted a net profit of VND90.7 billion ($4.9 million) in the first 11 months of this year, surpassing the profit target for the entire year by 20 per cent. The figures are equivalent to earnings-per-share of VND10,000 ($0.54). The company targets a profit of VND125 billion ($6.8 million) in 2010.
Dec 17, 2009
Vien Dong Pharma to list shares on HOSE
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