Bidv sells only 200 shares of HDBank

Bank for Investment and Development of Vietnam (Bidv) on June 17 auctioned nearly 3.68 million shares of Hochiminh City Housing Development Commercial Joint Stock Bank (HDBank), however, Bidv sold only 200 shares of HDBank priced at 10,200 dong per share, 100 dong/share higher than the initial price.
In details, Bidv offered 3,679,870 shares of HDBank at the initial price of 10,100 dong per share.

There were four individual bidders with a total registration volume of 400 shares. However, there were only two individual investors with valid vote and bidding volume of 100 shares per vote and bidding price at 10,200 dong per share, higher 100 dong per share than the initial price.

At the closing time, Bidv sold 200 shares of HDBank totaled at over two million dong. – Vietbiz24

Tags: BIDV, Vietnam banking industry, Vietnam finance, Vietnam financial

Posted by VBN on Jun 20 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry