The government is planning to sell a 5 percent stake in state-run Container Corp, a notice seeking interest from investment banks to manage the sale worth about $200 million at current market price showed.

The government, which owns 61.8 percent of Container Corp, will sell the stake through a stock market auction, the notice said.

Investment banks need to submit their interest by Dec. 2, the notice, posted on the website of the divestment department of the government, showed.