First Foreign Share in Vietnamese Stock Market

At the HCM City Securities Trading Center (Photo T.C.)

Viet Nam Taya Electric Wire and Cable Joint-Stock Company (Taya) was officially listed over 3.65 million shares out of their 18.26 million at the HCM City Securities Trading Centre.

At the first trading session on February 15, 2006, TYA share of Taya was traded at VND34,000, 15% higher than the value in the OTC market in one week before. With the impressive beginning, TYA got a lot of attentions from investors.

With the fast increase of the share’s value, investors hope that the value of TYA shares will not fall like KDC of Kinh Do Company. Besides, Taya is going to announce the final day to confirm its shareholders’ list after five trading sessions.

T.C. – Translated by Hoang Uy

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