Saigon Port sells entire 16.5% stake registered for IPO auction to raise $19m

The first 52,020 DWT vessel at the Saigon Port. Visual from the Ho Chi Minh City Transport Department's website

Vietnam’s largest port operator Saigon Port sold out 35.7 million shares, or a 16.5 per cent stake, during its Tuesday initial public offer (IPO), the most anticipated auction of the year.

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