ICV.L to List on London Stock Exchange

Indochina Capital Group successfully issued initial public offering (IPO) of Indochina Capital Vietnam Holdings Limited on the London Stock Exchange, with the transaction code ICV.L. The initial fund size is US$500 million (including US$50 million worth of preventive stocks).

Starting operations in 1999, Indochina Capital is a foreign-invested organisation. At present, total capital volume managed by the company is US$900 million, existing in various forms in Vietnam like assets, bonds and real estate.

 

Mr Peter R. Ryder, General Director of Indochina Capital, said “This is the first fund in Vietnam to list on the London Stock Exchange. Many big foreign companies invested in our IPO. We believe that the fund, as a strategic shareholder, will be a long-term institutional investor for Vietnamese companies and bring more value to Vietnamese companies.”