EAB plans to list shares on stock exchange in late 2011

East Asia Commercial Joint Stock Bank (DongABank – EAB) has lately approved the plan of officially listing shares on the stock exchange by the end of this year, after the bank raises its chartered capital from 4.5 trillion dong to 6 trillion dong. The decision was given after the shareholders meeting held recently.



The bank announced to work with its securities firm for preparing the application profiles in accordance with the regulations for listing shares on the Hochiminh Stock Exchange.



Among the additional shares valued at 1.5 trillion dong to be issued, EAB planned to offer 900 billion dong shares for the foreign strategic shareholders.

Tags: vietnam enterprices, Vietnam stock news

Posted by VBN on Mar 18 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry