FLC Group is set to propose its next general meeting of shareholders dismiss Le Thai Sam, chairman of Bamboo Airways, from the position of board member per his wish, the firm announced Friday.
ABBank to go public on UPCoM 19:14 | 21/12/2020
ABBank is going to file for an IPO on UPCoM
ABBank has just received certifications of registered securities and ticker from the Vietnam Securities Depository for its upcoming initial public offering (IPO) on UPCoM.
Accordingly, ABBank will have the ticker code ABB and will list around 571 million shares, equivalent to a market cap of VND5.713 billion ($248.4 million).
According to its financial statements from the third quarter of 2020, the bank currently has a total asset value of VND93.176 trillion ($4.05 billion), down more than 9 per cent compared to the beginning of the year. Customer loans increased by 3.8 per cent since the beginning of the year while customer deposits increased by 3.9 per cent.