Khanh Hoa province sells out Nha Trang Port shares

SGGP
The People’s Committee in the central province of Khanh Hoa sold out its 1.57 million shares of Nha Trang Port worth VND15.7 billion (US$673,000) at an auction session in Hanoi Stock Exchange yesterday.
The sold share value accounts for 6.4 percent of the chartered capital which the committee is holding at the port.
With the starting price of VND11,900 a share, the auction session was attended by two individuals and two organizations.
Investors registered to buy 4.7 million shares, triple the offered for sale number with the highest purchase price reaching VND18,600 a share and the lowest being VND11,900.
In the final, all of 1.57 million shares were sold to one organization and one individual with the average price of VND12,112 a share and earnings of VND19 billion ($814,000).


By NGOC QUANG – Translated by Hai Mien

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