Thursday, 18/06/2009 10:21

PVD: Offering shares to public

Petrovietnam Drilling and Well Services Joint Stock Company (PVD: PV DRILLING) has informed of offering shares to the public as follows:

- Consutancy organization: Viet Capital Securities Joint Stock Company (VCS)
- Stock symbol: PVD
- Stock type: Common stock
- Par value: VND10,000/share
- Offering volume: 25,716,554 shares
- Purpose: Convert shares of PVD Invest and merge PVD Invest into PV Drillling
- Objects: Existing shareholders of PVD Invest listed on the shareholder list set on 17 pm, 6th July 2009 and shareholders contributing capital to the project of PVDrilling III.
Convertible method:

- Every 5.5 shares of PVD Invest will receive 1 PVD share. The remaining parts which are unable to convert into 1 PVD share will be refunded to shareholders of PVD Invest on the convertible time at the par value of PVD Invest.

And/Or

- Every the amount of VND55,000 contributed to the project of PVDrilling III will receive 1 PVD share. The remaining amount which is unable to convert into 1 PVD share will be refunded to shareholders of PVD Invest on the convertible time.
Convertible time: From 14/07/2009 to 28/07/2009


Place of distributing prospectus:

- PV Drilling: 4th floor, Sailing Tower, 111A Pasteur, Dist.1, HCMC.

- Viet Capital Securities Joint Stock Company: 136 Ham Nghi, Dist.1, HCMC.
Place of converting shares:

- Viet Capital Securities Joint Stock Company:

+ 136 Ham Nghi, Dist.1, HCMC.

+ 14-16 Ham Long, Hoan Kiem Dist., Hanoi.

hose

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