PetroVietNam Construction Joint Stock Corporation will own 30% of charter capital of PVNC
Tuesday, 09 August 2011 09:11

Recently, the Board of management of PetroVietnam construction joint stock Corporation has promulgated the resolution No 491/NQ-XLDK on approving the list of member units of  PVC.

PVC approved restructuring plan of the member units of the Corporation, among them, PVNC is one of 13 affiliated companies under PVC. According to this resolution, with the associated companies in the restructuring component that does not reach the ownership ratio to 30% of charter capital, PVC will make up the percentage of ownership in the company to 30% to become a member of PVC.

And in Notice No 2528/TB-XLDK of PVC on the restructuring at the subsidiary/associated companies, the capital contribution increased the ownership percentage may be by means of purchasing shares on the stock securities or the capital increase plan or transferred from other shareholders in the unit and will be implemented in the third quarter of 2011.


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