Hanoi,July 28, 2011.This morning,at theauctionfloors(floors6,No.81TranHung Dao Street,Hoan Kiem, Hanoi) TheHanoiStock Exchange(HOSE),HNXauctionheldan initialstockoftotalexternalVietnam Petroleumcompany(Petrolimex)."/>Hanoi,July 28, 2011.This morning,at theauctionfloors(floors6,No.81TranHung Dao Street,Hoan Kiem, Hanoi) TheHanoiStock Exchange(HOSE),HNXauctionheldan initialstockoftotalexternalVietnam Petroleumcompany(Petrolimex)."/>

Organizing successful IPO Petrolimex

04:25 PM @ Tuesday - 11 October, 2011
Press Releases

Organizing successful IPO Petrolimex

Hanoi, July 28, 2011.This morning, at the auction floors (floors 6, No. 81 Tran Hung Dao Street, Hoan Kiem, Hanoi) The Hanoi Stock Exchange (HOSE), HNX auction held an initial stock of total externalVietnam Petroleum Company (Petrolimex).

An auction was conducted in accordance with regulations issued auction Decision No. 317/QD-SGDHN 4 July 2011 the Department of the Hanoi Securities Trading, IPO schedule was announced on the website www. petrolimex.com.vn and the mass media.

An auction was held with the attendance, witnessed by the e / c leaders representing the Ministry of Industry and Trade, Ministry of Finance (Department of Corporate Finance), Petroleum Corporation of Vietnam, Steering Stockgoods and consulting corporation equitization.

The total number of shares sold at public auction of shares is 27,425,933.

There are 307 investors registered to buy 30,087,300 shares, of which 304 individual investors subscribed 22,087,300 shares and 03 investors held 8,000,000 registered shares.

Result, the total number of shares sold was 27,425,933 shares (100% of the shares sold for the first corporation), the highest price 19,600 VND / share (with a volume purchase 10,000 shares),lowest price of VND 15,000 / share, the average price 15,032 VND / share.

Representatives of the highly excited preparation Petrolimex IPO.The equitization of state enterprises is a major policy of the Party and government policies of operators to resolve the country's economy stronger growth in the coming period.The representative believed that, with the revolutionary traditions, political consciousness and high sense of responsibility his corporation will continue to make important contributions to realizing all the above programs; besides, "ensure harmonization of state interests - business - investors - employees of enterprises. "

On this occasion, Chairman of the Board and CEO of Petrolimex Bui Ngoc Bao would like to thank the leader of the Party, Government, Ministry of Industry and Trade, Ministry of Finance, the State Securities Commission, the Committeeindustry related interest, support, timely and difficulties to Petrolimex IPO success.Petrolimex leaders thanked the consulting organization of corporation shares, Exchange Hanoi Securities with high professionalism, the spirit of "public - transparency - fair" has actively collaborated with the corporation inbuilding reports, IPO successful organization; thanks agency media attention, sending reporters to attend, reports, citations have honest, objective review of the activities in progressequitization of the corporation.Special thanks Petrolimex leaders are sent to all shareholders of the corporation of emotional responsibility, the full understanding and confidence in the bright future of the corporation, has decided to invest in the corporation.

Leadership Petrolimex sincere thanks to all our partners, customers and the public about the faith and love for the corporation; has and will continue to cooperate with the development corporation with a long term view.

IPO is an important time mark corporation officially entered a new stage of physical development.With confidence in the leadership of the Party and Government, with the spirit of the collective resolve of leaders and workers - employees, with the trust of shareholders, partners, customers, the public; corporation willmake sure every step planned out, to the further stage of development.

Details:

Notice Auction Results of Petroleum Corporation of Vietnam (HaSTC)
Results of shares subscribed by the General Petroleum Company of Vietnam (HaSTC)
Image: IPO Petrolimex

Vietnam National Petroleum Group - Petrolimex (PLX)

Committed to constantly making an effort to go further on the path of development and bring the lives of Vietnamese people and all Petrolimex employees to new heights in the future