All of more than 164 million ordinary shares were successfully sold to institutional investors at the final price of VND128,000 (US$5.62) per share.
The book was significantly oversubscribed at the time of pricing.
The trading of Techcombank’s shares on the Ho Chi Minh Stock Exchange is expected to commence on June 4 under the stock code TCB.
Morgan Stanley, Viet Capital Securities JSC and Deutsche Bank AG are arranging the offering.
As of the end of 2017, Techcombank posted total revenue of around VND16.3 trillion and pre-tax profit of VND8 trillion.
