SCIC to sell Maritime Bank’s shares second timeThe State Capital Investment Corporation (SCIC) will put up more than 2.4 million shares of Maritime Bank for a public auction on the Ha Noi Stock Exchange on March 28. This is the second attempt by SCIC to offload Maritime Bank’s shares since its failure in November 2015. This is the second attempt by SCIC to offload Maritime Bank’s shares since its failure in November 2015. Maritime Bank, founded in 1991 in the northern port city of Hai Phong, had an initial charter capital of VND40 billion. Prices of Maritime Bank’s shares on the OTC market has doubled in the past one year, from VND4,000 per share to VND8,000, owing to active divestment plans by stakeholders.

Source: VietNamNet News February 27, 2018 07:41 UTC