Monday, January 15, 2007

Power company to list on Ho Chi Minh City stock exchange

Pha Lai thermo-electric Joint Stock Co., coded PPC, scheduled to list on HCM City Securities Trading Centre on January 26 after ending its trading on Ha Noi Securities Trading Centre on Jan. 13.

PPC shares were traded in Ha Noi on May 19 last year at a face value of 10,000 VND (0.62 US$) per unit and with the total volume of 307 million shares.
The company also has the largest chartered capital of any company listed in the domestic stock market.

PetroVietnam Finance Co, one of the company's largest shareholders, has started selling 186,000 of a total 6,569,500 million shares to re-structure its investment profile since January 10.

Source: VNA

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