7,959 investors bid to buy 303 million stocks of Petrol Vietnam Insurance Company (PVI) in yesterday session on the Ha Noi Securities Trading Center (HASTC).
The number is 27 times higher than the amount of stocks offered by PVI.
Previously, HASTC delayed opening the bidding till December 30 because the number of registered investors was so large.
As an insurance company in oil and energy, PVI is attracted to investors. It also issues insurance policies to all oil projects in Viet Nam. Furthermore, its stable business guarantees the investors’ trust to the company.