Vinatex extends deadline for IPO

The Vietnam National Textile and Garment Group (Vinatex) has extended the date for its initial public offering (IPO) by two months to give investors extra time to assess its performance.

Following the Prime Minister’s approval of the company’s equitisation plan in June, Vinatex released its first public issue in the form of an IPO and in July held two seminars on investment opportunities Vinatex in Hanoi and Ho Chi Minh City.

The new deadline for deposits is 12 September and the auction date will be 22 September.

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