Bình Sơn Oil Refinery to sell PVBuilding stake

Bình Sơn Oil Refinery (BSR) has announced it will sell nearly 8 million shares of PetroVietnam Building and Commercial Joint Stock Company (PVBuilding) at an auction.— Photo soha.vn

QUẢNG NGÃI — Bình Sơn Oil Refinery (BSR) has announced it will sell nearly 8 million shares of PetroVietnam Building and Commercial Joint Stock Company (PVBuilding) at an auction.

The auction is set to take place on the Hà Nội Stock Exchange (HNX) on July 12.

HNX said 7.8 million PVBuilding shares were being offered at a starting price of VNĐ12,200.

With charter capital of VNĐ175.22 billion, PV Building, based in Quảng Ngãi Province, is a professional builder of houses and trader of plastic products.

Currently, BSR holds 96.5 per cent of the firm. The shares on offer are equivalent to 46 per cent of PVBuilding. Cẩm Thành Guesthouse is the second-largest holder, with 3.14 per cent of the stake. The firm’s employees own less than 0.5 per cent of the firm. — VNS

Tags HNX auction BSR

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