Medical equipment corporation equitisation plan endorsed
The Prime Minister has recently approved the equitisation plan of the Vietnam Medical Equipment Corporation (Vinamed), which has a total chartered capital of VND88 billion (US$3.9 million).
The plan allows the corporation to launch its initial public offering of 8.8 million shares for VND10,000 each.
The State will hold 1.76 million shares, accounting for 20% of the company’s chartered capital.
As many as 17,200 shares will be sold at preferential prices to Vinamed employees, or 0.2% of the chartered capital.
Strategic investors will seize 39.77 % of the total capital by owning 3.5 million shares. The remaining shares will be offered to other investors.
The Prime Minister asked the Minister of Health to guide Vinamed to carry out the initial public offering, which will come under the hammer at the stock exchanges.
A total of 109 state-owned enterprises (SOEs) have completed equitisation as of the end of September. The set target is to equitise 289 SOEs this year, which means 180 more should complete the process by the year’s end.
As of September 28, total State capital divestment was estimated at nearly VND8.7 trillion (US$388.5 million), of which VND2.69 trillion (US$120.1 million) was divested from real estate sector and VND1.36 trillion (US$60.7 million) from insurance, security and finance-banking sectors.
The State will hold 1.76 million shares, accounting for 20% of the company’s chartered capital.
As many as 17,200 shares will be sold at preferential prices to Vinamed employees, or 0.2% of the chartered capital.
Strategic investors will seize 39.77 % of the total capital by owning 3.5 million shares. The remaining shares will be offered to other investors.
The Prime Minister asked the Minister of Health to guide Vinamed to carry out the initial public offering, which will come under the hammer at the stock exchanges.
A total of 109 state-owned enterprises (SOEs) have completed equitisation as of the end of September. The set target is to equitise 289 SOEs this year, which means 180 more should complete the process by the year’s end.
As of September 28, total State capital divestment was estimated at nearly VND8.7 trillion (US$388.5 million), of which VND2.69 trillion (US$120.1 million) was divested from real estate sector and VND1.36 trillion (US$60.7 million) from insurance, security and finance-banking sectors.