19/5 Ha Noi Textiles plans IPO

The textile and knitwear company 19/5 Ha Noi will offer 9 million shares in its initial public offering (IPO) on February 4, the Ha Noi Stock Exchange (HNX) announced.

IPO organiser HNX said the starting price per share was VND10,100 (44 cents), noting that the auction would take place at the exchange.

Based in the capital city of Thanh Xuan District, the textile company plans to have charter capital of VND267.4 billion ($11.88 million) after the equitisation.

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