PSNews - Viettel Global, an affiliate of the Military-Run Telecommunication and Industry Group (Viettel), is listing more than 2.24 billion shares on Hanoi’s unlisted public company market (Upcom) on September 25 at a floor price of VND15,000 ($0.65) per unit.
Tesla Inc and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement that caps a tumultuous two months for the carmaker.
With more than 2.2 billion shares of Viettel Global to be listed, the Company is valued at nearly USD 1.5 billion.
The VN-Index of the Ho Chi Minh Stock Exchange (HoSE) rose 21.12 points on July 18, with 223.9 million shares worth over 4.9 trillion VND (211 million USD) traded.
The VN Index, Viet Nam’s benchmark stock index, grew 12.8 per cent in January, as it joined the top three best performers in the world in the first month of 2018, just behind Argentina (16.21 per cent) and Nigeria (15.95 per cent).
For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc.