PV GAS holds a batch auction to transfer all of PV GAS' capital at PV Pipe

2022-09-02 22:37:38 By : Ms. HERE MAKERS

PetroVietnam Steel Pipe Production Joint Stock Company (PV Pipe) is a company specializing in the production of steel pipes, established on April 26, 2010.PV Pipe owns Petroleum Steel Pipe Factory in Soai Rap Petroleum Service Industrial Park in Tien Giang Province, with a designed capacity of 100,000 tons/year/shift on an area of ​​22.9ha.The main business lines are iron, steel and cast iron production (details: Manufacture of steel pipes and steel plates).PV Pipe has a charter capital of VND 1,838.5 billion, is a member unit of Vietnam Gas Corporation – JSC (PV GAS).PV GAS's ownership rate in PV Pipe is 99.99% of charter capital.PV Pipe's development strategy is to focus on manufacturing straight welded steel pipes for oil and gas pipeline construction projects in Vietnam and exporting to countries in the region and the world. .PV Pipe's factory has a large-scale production of straight welded steel pipes on the 3-Roll Bending technology line meeting API standards (certified API 5L, API 2B specialized for the oil and gas industry) of the US. .PV Pipe has its own dedicated port, suitable for transporting pipes with large capacity and meeting schedule.The content of the PV GAS offering plan is as follows:- Number of shares offered for sale: 183,840,000 shares (corresponding to 01 lot of shares).- Number of shares per share lot: 183,840,000 shares.- Ratio of offered shares/total number of shares owned: 100%.- Ratio of the number of shares offered for sale to the total number of shares of the same type in circulation of a public company whose shares are offered for sale: 99.99%.- Starting price for 1 share lot: VND 1,506,936,480,000 / 01 lot of shares (equivalent to VND 8,197 / share)- Conditions to participate in the auction: All domestic and foreign investors meet the conditions as prescribed in the Regulation on auction of shares of PV GAS owned at PV Pipe issued by PSI – HCM City Branch. and committed to pay PV GAS the receivable in the amount of VND 397,125,357,804 that PV Pipe had to pay to PV GAS.- Distribution method: Public auction in lots at PSI - CN HCM.- Minimum number of subscriptions: 01 lot of shares (corresponding to 183,840,000 shares)- Time to issue registration form to participate in the auction and pay deposit: from 09:30 on August 9, 2022 to 15:00 on August 19, 2022- Location to receive registration to buy shares: At PSI - HCM City Branch.- Time and place to submit auction tickets: no later than 15:00 on August 29, 2022 at PSI.- Auction time: 10:00 a.m. on August 30, 2022 at PSI - Ho Chi Minh City Branch, address: 1st floor, PVFCCo building, 43 Mac Dinh Chi, Da Kao Ward, District 1, City.Ho Chi Minh.- Time to receive money to buy shares: Before 16:00 on September 6, 2022.- Time to return the deposit to investors who attended the auction but did not buy: from August 31, 2022 to September 6, 2022.Satisfied with the highway with the most beautiful scenery in VietnamSpecial sanctions are needed to deal with fake fertilizersInspection Bulletin No. 22Ho Chi Minh City: Resolutely deal with illegal inland waterwaysDeputy Editor-in-Chief in charge: Ms. Nguyen Thi Hoa Electronic journalism license number: 343/GP-BTTTT Date: 24/07/2015;Place of issue: Ministry of Information - Communication Prohibit copying in any form without written consent Specify the source thanhtra.com.vn when using information from this websiteGOVERNING AGENCIES: GOVERNMENT INSPECTORS Editorial office address: 100 To Hieu, Ha Dong, Hanoi.Email: thukybtt@gmail.com Hotline: 085.55.00.444 Phone:(+84)24 3728 - 1341 / (+84)24 3728 - 1342 Fax:(+84)24 3728 - 1338