Bien Hoa Steelto go public in November

Bien Hoa Steel Company (Vicasa) will auction 3.4 million shares on the Ho Chi Minh City Stock Exchange during its initial public offering on November 19.

The shares will be offered at 13,000 VND a piece.

After the IPO, the State will only hold 65 percent of Vicasa, representing 8.7 million shares. Employees will own 9.78 percent of the company, with the public holding about 25 percent.

Vicasa produces steel products and has 135 billion VND (8.4 million USD) in charter capital

VNA

>   Song Da 6 to auction 1.5 million shares (31/10/2007)

>   CLSC sets up order-receiving agency (31/10/2007)

>   FPTS sets up a branch (31/10/2007)

>   CLC – resolution of BOD (31/10/2007)

>   DIC – resolution of BOD (31/10/2007)

>   NSC – business results in Q3/2007 (31/10/2007)

>   PPC – business results in Q3/2007 (31/10/2007)

>   DTT: Listing and trading the additionally issued shares (31/10/2007)

>   ALT: financial statement Quarter 3 – 2007 (31/10/2007)

>   MCV: financial statement  Quarter 3 - 2007 (31/10/2007)