By
Reuters
Reuters
Published
Dec 1, 2016
Dec 1, 2016
Vietnam's Vinatex enlists shareholders before public listing
By
Reuters
Reuters
Published
Dec 1, 2016
Dec 1, 2016
Vinatex, Vietnam's largest textile and garment maker, said it had asked shareholders to register their ownership by mid-December before it makes its share debut on the Unlisted Public Company Market (UPCoM).
The shareholder list will be finalised on Dec. 16, the Hanoi-based company said in a statement issued on Wednesday, which was seen by Reuters. However, the company gave no date for the debut.
Vinatex joins national flag carrier Vietnam Airlines in preparations for its UPCoM share debut after Hanoi told privatised state-owned firms in early October to speed up the listing process, signalling commitment to its much criticised privatisation process.
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