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BIDV to list shares within next three months

BIDV to list shares within next three months

Monday, October 15, 2012, 19:39 GMT+7

The Bank for Investment and Development of Vietnam (BIDV) will list 2.3 billion shares on the HCM Stock Exchange under the code BID.

The exchange, which approved the listing last week, requires the bank to prepare for the listing within 90 days of the exchange's decision.

The bank sold 84.7 million shares in an initial public offering last December at VND18,583  (US$0.89) per share.

VNA

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