VMEP Invests in Truck Factory & Motorcycle/Scooter Parts

Teamworld would like to congratulate Vietnam Manufacturing and Export Processing (VMEP) (422.HK) for a successful initial public offering (IPO) in Hong Kong on Dec. 21, 2007. VMEP, whose principle activities are the manufacture and sale of motorbikes, scooters, engines and parts priced at 3.75 HKD per share. With the sale of 226.9 million shares, the company raised HK$851 million, which it intends to use to expand its businesses. |