Vietnamese rubber company Ba Ria Rubber will sell 20 million of their shares in an initial public offering (IPO) on March 11, 2016. Ba Ria Rubber grows rubber plants and sells them as rubber latex.
According to the Ho Chi Minh Stock Exchange (HOSE), stock prices will start at US$0.56 per share. Brokerage firms who want to represent Ba Ria Rubber Co Ltd in the IPO must sign up at HOSE by the end of February 2, 2016.