{"id":14668,"date":"2020-10-28T23:47:19","date_gmt":"2020-10-28T16:47:19","guid":{"rendered":"https:\/\/dongtam.mywebico.com\/?p=14668"},"modified":"2020-10-28T23:47:19","modified_gmt":"2020-10-28T16:47:19","slug":"vietnams-petrolimex-to-sell-more-shares-to-increase-capital-govt","status":"publish","type":"post","link":"https:\/\/dongtam.com.vn\/en\/vietnams-petrolimex-to-sell-more-shares-to-increase-capital-govt\/","title":{"rendered":"Vietnam&#8217;s Petrolimex to sell more shares to increase capital: gov&#8217;t"},"content":{"rendered":"<\/p>\n<div class=\"post-content\">\n<div style=\"text-align: justify\"><img decoding=\"async\" alt=\"petrolimex-1403\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/petrolimex-1403.jpg\" style=\"width: 500px;height: 333px\" title=\"petrolimex-1403\"><\/p>\n<p> \u00a0A Petrolimex gas station in Hanoi. Photo: Ngoc Thang<\/p>\n<p> Petrolimex, a state-controlled company that sells more than half of Vietnam&#8217;s oil products, plans to sell more shares to increase its registered capital by over 26 percent to VND13.5 trillion (US$596.84 million).<\/p>\n<p> The share issue has been approved by the Ministry of Industry and Trade and Deputy Prime Minister Vu Van Ninh, the government website reported Thursday.<\/p>\n<p> It will reduce state ownership of the company to less than 75 percent from around 95 percent now.<\/p>\n<p> In a statement it released this week, the company said it would sell shares to a Japanese investor in the second quarter without divulging further details.<\/p>\n<p> At the end of last month Petrolimex reportedly struck a deal to sell 10 percent to Japan&#8217;s JX Nippon Oil and Energy for 20 billion yen ($117 million).<\/p>\n<p> Petrolimex, which has 70 subsidiaries, mainly in the energy sector, posted a post-tax profit of over VND3.1 trillion ($7.05 million) last year after making a loss of around VND9 billion ($397,800) in 2014.<\/p>\n<p> <em><strong>Source thanhniennews.com<\/strong><\/em><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0A Petrolimex gas station in Hanoi. Photo: Ngoc Thang Petrolimex, a state-controlled company that sells more than half of Vietnam&#8217;s oil products, plans to sell more shares to increase its registered capital by over 26 percent to VND13.5 trillion (US$596.84 million). The share issue has been approved by the Ministry of Industry and Trade and [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":14141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[734],"tags":[],"class_list":["post-14668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14668"}],"collection":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/comments?post=14668"}],"version-history":[{"count":1,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14668\/revisions"}],"predecessor-version":[{"id":15204,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14668\/revisions\/15204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media\/14141"}],"wp:attachment":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media?parent=14668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/categories?post=14668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/tags?post=14668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}