Business · World

Dien May Xanh Raises Over $505 Million in IPO in Vietnam

1 sourceFirst reported 21 days agoUpdated 21 days ago

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Dien May Xanh Investment JSC successfully raised over 13.3 trillion dong, equivalent to $505 million, in its initial public offering.
The electronics retail chain is a unit of Mobile World Investment Corp.
Despite the substantial fundraising, the company experienced fewer bids for the shares offered during the IPO.
The IPO took place on July 1, 2026.

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AI summary: catch up in 20 seconds

Dien May Xanh Investment JSC successfully raised over 13.3 trillion dong, equivalent to $505 million, in its initial public offering.
The electronics retail chain is a unit of Mobile World Investment Corp.
Despite the substantial fundraising, the company experienced fewer bids for the shares offered during the IPO.
The IPO took place on July 1, 2026.

Generated by AI from the 1 sources below · always verify with the originals