DPM: Board Resolution on Share Transfer in PSP

Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo) announced the capital disinvestment as follows:

-         On September 12, 2013, the Board of Directors of Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo) issued a resolution approving a plan to transfer all 475,000 shares, equivalent to 14.55%, from PetroVietnam Packaging Joint Stock Company (PSP) to another major shareholder in PSP.

-         After completing the transfer and relating procedures, PVFCCo will not hold any investment capital in PSP. 

HOSE

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