April 26, 2018 / 10:08 AM / 8 months ago

BRIEF-Vietnam's Techcombank Raises Total Of About VND 21 Trln Via Offering

April 26 (Reuters) - Vietnam Technological And Commercial Joint Stock Bank IPO-VTC.HM:

* ANNOUNCES PLACING OF 164.1 MILLION ORDINARY SHARES TO INSTITUTIONAL INVESTORS

* BASED ON FINAL PRICE OF VND128,000 PER SHARE, OFFER RAISED A TOTAL OF ABOUT VND 21 TRLN

* TRADING OF TECHCOMBANK’S SHARES ON HO CHI MINH STOCK EXCHANGE EXPECTED TO COMMENCE ON JUNE 04

* BASED ON FINAL PRICE OF VND 128,000 PER SHARE, MARKET CAPITALIZATION OF CO WILL BE $6.5 BILLION

* TRADING OF TECHCOMBANK’S SHARES ON EXCHANGE EXPECTED TO COMMENCE UNDER STOCK CODE TCB VN Further company coverage:

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