PetroVietnam targets raising over $570m from IPOs of three subsidiaries this month

PetroVietnam targets raising over $570m from IPOs of three subsidiaries this month

Photo: Binh Son Refining and Petrochemical (BSR) website

Three PetroVietnam subsidiaries — Binh Son Refining and Petrochemical (BSR), PetroVietnam Oil Corporation (PV Oil) and PetroVietnam Power Corporation (PV Power) — will conduct an initial public offering (IPO) this month. While BSR and PV Oil will debut on the Ho Chi Minh Stock Exchange (HOSE), PV Power will list on the Hanoi Stock Exchange.

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