Vietnam refinery operator plans $84m IPO, eyes 49% strategic sale

Vietnam refinery operator plans $84m IPO, eyes 49% strategic sale

Visual from Binh Son Refinery and Petrochemical Co Ltd.

Binh Son Refinery and Petrochemical, the operator of Vietnam’s sole oil refinery Dung Quat, is looking to raise VND1.9 trillion ($83.7 million) from a 4 per cent initial public offering on November 7, according to chairman Nguyen Hoai Giang.

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