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.
