EVN sells out capital by transferred bonds

16/01/2008 00:00:00 - views: 2,651

Vietnam Electricity (EVN) will issue transferred bonds instead of selling stocks as usual in order to reduce the share-holdings of the State in companies represented by the Corporation. This information was unveiled by Mr. Dang Phan Tuong, Chief of Equitization and EVN Securities.


According to Mr. Tuong, this method is aimed at reducing the pressure of raising the power sector’s stock supply for the market.
Currently, EVN is equitizing more than 10 units which consist of power generation companies and power distribution companies such as Electricity Information and Communication Company, Tuyen Quang Hydropower Company, Dai Ninh Hydropower Company, Hanoi One Member Limited Company and Ho Chi Minh City One Member Limited Company. 
In addition, EVN is carrying out the pilot project of equitizing units like Power Electricity University, Ho Chi Minh City Power Electricity College, Central Power Electricity College and Electricity Training College.

From Securities Investment


EVNHANOI is rated by Fitch Ratings at BB with a positive outlook

Cập nhật 29/09/2022

Hanoi Power Corporation has just been rated by Fitch Ratings (an international credit rating agency)...


EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...


Powering 220 kV transformer substation for BIM Wind Power Project

Cập nhật 17/08/2021

Power Engineering Consulting Joint Stock Company 1 (PECC1) informed that at 10:00 am on August 15,...


HCM City completes power supply to COVID-19 treatment hospitals

Cập nhật 16/07/2021

Hoc Mon and Binh Chanh power companies of the Ho Chi Minh City Power Corporation (EVN HCMC) have completed...


EVNHCMC: The time to handle new connections via medium voltage substations is only 3.19 days

Cập nhật 29/09/2022

According to Ho Chi Minh City Power Corporation (EVNHCMC), since the beginning of the year, the Corporation...