The Nitrogenous Fertilizer and Petrochemical Company (PVFCCo) will auction its shares for the first time at the end of the first quarter this year.
The daily “Lao Dong” (Labour) quoted a company source as saying that PVFCCo is working out its auction plan, in which the State will hold controlling stake of more than 50% of the total shares.
It is scheduled that together with the auction, the Phu My Nitro-fertilizer Factory, run by PVFCCo, will list its shares on the stock market.
The modern factory has been in operation since 2002 with a daily capacity of 2,200 tonnes of urea fertilizer and 1,350 tonnes of ammonia.
Source: VNA
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment