Many enterprises have plans for listing shares on stock markets this year

Although the stock markets saw the downturn trend in early months of this year, many enterprises still planned to start listing shares on the market as scheduled.

In details, two member companies under the National Oil and Gas Group (PetroVietnam) recently made IPO in late 2010 and started listing shares namely PVGas and Petec. In addition, many member companies under its subsidiaries are qualified for listing shares, of which PVFC has two companies, PVC of 10 companies, PVI of one company, PV Oil of three companies and PVTrans of 4 companies.

On the Hanoi Stock Exchange (HNX), there are many companies that submitted application profiles for listing shares such as PetroVietnam Hanoi Construction Joint Stock Co with chartered capital of 300 billion dong, Hung Long Mineral and Construction Materials Joint Stock Co of 95 billion dong, FLC Group Joint Stock Co of 170 billion dong, Gentraco Seafood Joint Stock Co of 80 billion dong.

The Hochiminh Stock Exchange (STC) has recently approved for those companies for listing shares on the stock market including Lao Cai Mineral Mining and Processing Joint Stock Co with chartered capital of 85 billion dong, Hydropower and Power Energy Joint Stock Co No 3 of 95 billion dong, Thong Nhat Joint Stock Co of 82 billion dong, Military Commercial Joint Stock Bank (MB) of 7.3 trillion dong, Bac Giang Mineral Mining and Processing Joint Stock Co of 168 billion dong and 21st Century Joint Stock Co of 193 billion dong. – DTCK

Tags: , ,

Posted by VBN on May 19 2011. Filed under Stock. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Oil firms feel heat from tax structure
  • Ford JV invests
  • SOEs expand
  • Canon’s high goal
  • Wison wins contract
  • Security fund’s assets increase 10-fold
  • Global Conditions Looked At In Rate Decision
  • Apple plans 4G iPhone with telco