Regulatory steps for a private placement of shares by a Vietnam listed bank
The table below sets out the key regulatory steps for an institutional foreign investor (the Investor) to subscribe for new shares of a Vietnam listed commercial bank (the Bank) under a private placement. This assumes that the Investor will subscribe for from 5% to 20% of the Bank’s capital. The table below does not include such usual approvals as trading code or disclosures by the Bank or the Investor under securities regulations.