Bao Tin Manh Hai Plans Q4 Vietnam IPO, Selling at Least 15% Stake

1 articles · Updated · Bloomberg · May 18

June roadshows will kick off Bao Tin Manh Hai Jewelry’s pre-IPO marketing ahead of a planned fourth-quarter listing in Vietnam, Chairman Vu Hung Son said.
At least a 15% stake will be sold in the offering, though the Hanoi-based jeweler did not disclose a fundraising target.
The IPO is meant to fund an aggressive expansion plan while positioning the company to benefit from reforms aimed at opening Vietnam’s gold market.
Bao Tin Manh Hai is one of Vietnam’s largest gold retailers, making the deal a notable test of investor appetite for the sector as the market evolves.

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