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HOSE: Hochiminh Stock Exchange welcomes the first trading day of PV Trans Pacific JSC On January 17th, 2023, Ho Chi Minh Stock Exchange (HOSE) officially put 94,275,028 shares of PV Trans Pacific JSC (Stock code: PVP) into trading. The total value of listed securities is VND 942,750,280,000 the reference price on the first trading day is 10,350 VND/share; the daily trading limit is +/- 20%.
PV Trans Pacific JSC (the Company) was established in 2007 with the charter capital of VND 942,750,280,000, also the current charter capital. The Company has a business in domestic and international transportation of crude oil, charter contract for FSO, charter management… According to the audited Financial Statements in the Prospectus, the company's net revenue in 2020 and 2021 reached more than VND 1,726 billion and VND 1,244 billion, respectively; Profit after tax reached nearly VND 230,7 billion and VND 192,9 billion, respectively. Particularly in the first 9-month of 2022, the company's net revenue reached more than VND 961 billion, equivalent to more than VND 207,3 billion in after-tax profit.
At the event, Mr. Le Manh Tuan - Chairman of the Board of Director stated that: "Listing on the Ho Chi Minh City Stock Exchange marked the maturity of PV Trans Pacific JSC in the development of the company. The Company constantly improves the transparency in management, simultaneously, enhances the liquidity of shares, creates the maximum benefits for stockholders, contributes to attracting the investors as well as the trust of partners in the market.”.
Speaking at the ceremony, the representative of HOSE congratulated the first trading session of PVP shares. As the market operator, HOSE always accompanies and supports listed companies in fulfilling their obligations, especially in information disclosure, updating regulations and policies related to the stock market, attending training programs, and updating international good corporate governance practices, and sustainable development. HOSE
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