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12 May
12:35

Vinfast's IPO may be delayed

Vietnamese conglomerate Vingroup's automotive sector Vinfast recently expressed concerns that its IPO might be delayed till next year, Kallanish learns.  Vingroup's chairman Pham Nhat Vuong says: "We are eyeing a Q4 IPO, but there are lots of ongoing market uncertainties now ... If necessary, we may delay it to next year." The uncertainties partly come from supply chain issues, which have largely been caused by the pandemic restri…
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