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Insurance Day Asia

PETROVIETNAM TO LIST BY END OF MONTH

PetroVietnam Insurance is to list its shares on the Hanoi Stock Exchange before the end of the month, the management board said on Thursday. The company will list 50m shares, worth 500bn dong ($31.3m) followed by an additional listing worth 315bn dong two or three weeks later. PetroVietnam Insurance chairman Le Van Huang said that a further 149bn dong in shares would be sold in the fourth quarter, of which 100bn dong would be sold to a strategic partner.

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