Dien May Xanh Announces $546M Mega IPO in Vietnam

Deal Summary

Vietnamese electronics retailer Dien May Xanh, a subsidiary of Mobile World Investment Corp, plans to raise about $546 million via an IPO, offering 79.5 million shares at VND 80,000 each. Vietcap Securities will act as adviser for the listing. Proceeds will fund debt repayment, expansion and operational investments, making it one of Vietnam’s largest consumer retail IPOs.