The Ba Ria-Vung Tau thermo power plant, an affiliate of the Electricity of Viet Nam Group (EVN), will auction its shares on Ho Chi Minh City and Ha Noi securities trading centres on March 15, according to the EVN. This will be the first time the plant offer its shares to the public.
Twenty percent of its shares, equivalent to 12,100,000 stocks, will be sold at an initial price of 15,570 VND per share.
The 388.9 MW plant has chartered capital of nearly 605 billion VND (37.8mio US$). The plant is striving to reach its annual production output of 2 billion kWh.
Source: VNA
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