CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Vietcombank could be Vietnam's 1st IPO
State-run bank said to mull listing in Hong Kong or Singapore; size of offering unclear.

HONG KONG -(Dow Jones)- Vietnam's state-run Vietcombank plans to list in Hong Kong or Singapore in the country's first overseas listing, people familiar with the situation said Thursday.

The listing, set for either this year or next, could be a dual-listing - in either Hong Kong or Singapore, and Vietnam - or just an overseas listing, they said.

They said it is too early to put a size on the listing, while analysts said discrepancies in Vietnam financial statements made pinning down a number difficult.

The people familiar with the matter said the bank had sent out requests for proposals to several investment banks. An RFP is an invitation by a potential issuer to investment banks to submit proposals on how they would manage the initial public offering.

The people said RFPs to pitch for the IPO had been sent to four banks: Citigroup Inc. (C), UBS AG (UBSN.VX), Goldman Sachs Group Inc. (GS) and Credit Suisse Group (CSR). All four banks declined to comment.

The people said the banks have until the end of March to make their pitch for a financial advisory role. (MORE TO FOLLOW) Dow Jones Newswires 02-23-06 0512ET Copyright (c) 2006 Dow Jones & Company, Inc. Top of page

YOUR E-MAIL ALERTS
Follow the news that matters to you. Create your own alert to be notified on topics you're interested in.

Or, visit Popular Alerts for suggestions.
Manage alerts | What is this?
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.