Vinamilk Delays Singapore Share Listing

Yahoo Asia News, 17 Nov 2008, Asia Pulse

HCM CITY, Nov 17 Asia Pulse - Vietnam Dairy Product Joint Stock Company (Vinamilk) has announced it will postpone listing on the Singapore Stock Exchange due to the unpredictable fluctuations on the global market.

At the end of October, the dairy producer received approval from the Singapore Stock Exchange to list 8.76 million shares, equivalent to 5 per cent of its charter capital, which would have made it the first Vietnamese company to list on that exchange.

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