Bim Son to auction shares

Bim Son to auction shares
Published: 31 August 2006

The Bim Son Cement Joint Stock Company, Vietnam, is to float 14 million shares at the HCM City Securities Trading Centre on September 20, the company announced.  
 
The shares, with a face value of VND10,000 (US$0.63), will be offered at an initial price of VND12,500 ($0.78).   The company is expected produce 3.2Mt of cement a year when its new factory, with a capacity to make 2Mt of cement a year, opens in 2007.