EVN successfully sells nearly 87 percent of its stake in EVF

Recently, the Vietnam Electricity (EVN) has successfully sold 16.25 million shares out of a total of 18.75 million shares of EVN Finance (EVF), or 7.5 percent stake, that it put up for auction to two individual investors.

With a starting price of VND13,480 per share, two individual investors bought 86.6 percent of total offered amount of shares at a price equal to the starting price. Total value collected from the share sale was more than VND219 billion. 

Earlier, shares of EVF were traded at above VND8,000 per share.

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