Vietnam’s biggest brewer to make market debut on Dec. 6


Vietnam’s biggest brewer Sabeco is scheduled to make its debut on the Ho Chi Minh stock exchange (HoSE) on Dec. 6 at a price of 110,000 dong per share.

Sabeco chairman Vo Thanh Ha confirmed the new timeline to Tuoi Tre (Youth) newspaper on Sunday.

That date is earlier than the initial plan of Dec. 12.

HoSE gave approval on Friday for the state-owned firm to be listed on the exchange with registered capital of 6.4 trillion dong, HoSE said in a statement on its official website.

Sabeco reported third-quarter net profit of 4.5 billion dong, up 20 percent from a year earlier. 

Source: Tuoi Tre News

Photo: Sabeco