Vietnam raises $29.2m from IPO of Vinasugar II in line with expectations

Vietnam has raised VND664 billion ($29.2 million) from the auction of its 93 per cent stake in Vietnam Sugarcane and Sugar Corporation II (Vinasugar II) on Ho Chi Minh City Stock Exchange (HoSE) on February 13. The proceeds were in line with the government’s expectation.

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