Hanoi (VNA) - Binh SonRefining and Petrochemical Company (BSR) will trade shares on the UnlistedPublic Company Market (UPCoM) with code BSR on March 1.
The Hanoi Stock Exchange said in astatement that BSR will start trading more than 241.4 million shares at 22,400 VNDper share and its trading band is 40 percent on both side of the referenceprice.
BSR on January 17 launched its initialpublic offering (IPO) to sell more than 241.5 million shares or 7.79 percent ofthe company’s charter capital at the starting price of 14,600 VND per share.
The IPO attracted more than 4,000investors, placing bids for nearly 652 million shares – 2.7 times the number ofshares offered for the IPO.
BSR earned 244 million USD from the IPOat the average selling price of 23,043 VND per share. The company will sell 49 percentof its charter capital to the strategic investor and 6.5 million shares to itsemployees at the preferential price level.
The State will reduce its ownership inBSR to 43 percent from the previous 100 percent. The company earned 5.43trillion VND in the first nine months of 2017.-VNA
Binh Son Refining and Petrochemical Co. Ltd. (BSR) has signed crude oil supply agreements with two trading companies – Glencore Singapore and Socar Trading SA – to supply the Dung Quat refinery for the 2018-25 period.
Binh Son Refining and Petrochemical Co Ltd (BSR), the operator of Dung Quat Refinery, will conduct Vietnam’s biggest-ever initial public offering (IPO) on January 17 next year.
Binh Son Refining and Petrochemical Company Limited (BSR) plans to float 242 million shares, equivalent to 7.79 percent of its chartered capital, in an IPO scheduled for January 17.
Binh Son Refining and Petrochemical Co Ltd (BSR), operator of Dung Quat Refinery, has targeted total revenue of nearly 78.4 trillion VND (3.44 billion USD) and after-tax profit of more than 3.47 trillion VND in 2018.
Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, sold 7.79 percent of its charter capital, equivalent to 241.5 million shares during its IPO on January 17.
The closed-end VinaCapital Vietnam Opportunity Fund (VOF) has spent 45 million USD to purchase shares of Binh Son Refining and Petrochemical Company (BSR) and PetroVietnam Power Corporation (PV Power) at their initial public offerings (IPO).
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
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Illustrative image (Source: Internet) 
