Binh Son Refining withdraws HNX listing application

Binh Son Refining withdraws HNX listing application

Binh Son Refining and Petrochemical Joint Stock Company (BSR) has sent a document to the Ha Noi Stock Exchange (HNX) to withdraw its registration for listing shares on the northern bourse.
Hyundai E&C and Technip join bids for Dung Quat refinery expansion

Hyundai E&C and Technip join bids for Dung Quat refinery expansion

BSR has received bids for a $1.8 billion upgrade and expansion project from two consortiums led by Hyundai Engineering & Construction and Technip Italy.
Foreign ownership ratio in Binh Son Refinery slips

Foreign ownership ratio in Binh Son Refinery slips

From 4.74 per cent two years ago, foreign ownership in Binh Son Refining and Petrochemical Co., Ltd. has slipped to 0.07 per cent.
BSR to languish while waiting for capital for Dung Quat Refinery

BSR to languish while waiting for capital for Dung Quat Refinery

Dung Quat Oil Refinery has been struggling with mobilising investment capital to move forward.
SOCAR Trading becomes crude oil supplier of Dung Quat refinery

SOCAR Trading becomes crude oil supplier of Dung Quat refinery

BSR decided to add Azeri crude oil to the list of strategic materials in 2020 and upcoming years.
BSR acquired $58.2 million in nine-month pre-tax profit

BSR acquired $58.2 million in nine-month pre-tax profit

BSR reported $3.21 billion in net revenue, $90 million in gross profit, and $58.26 million in pre-tax profit in the first nine months of this year..
BSR seeks foreign partners for more multifaceted growth

BSR seeks foreign partners for more multifaceted growth

Binh Son Refining and Petrochemical Co., Ltd. (BSR), the managing unit of Dung Quat Oil Refinery, places top priority on international co-operation to attract more resources to increase the productivity and efficiency of its oil refinery operations.
PetroVietnam flies over 11-month targets

PetroVietnam flies over 11-month targets

In the first 11 months of 2018, PetroVietnam surpassed business targets, including profit, revenue as well as oil and gas production.
Four former leaders of PetroVietnam subsidiaries to be prosecuted

Four former leaders of PetroVietnam subsidiaries to be prosecuted

Four former leaders of PetroVietnam subsidiaries have just been prosecuted for “abuse of powers or position for appropriation of property.”
BSR may take one more year for the second share sale

BSR may take one more year for the second share sale

BSR will divest the state-owned stake on the stock exchange, giving room for non-strategic investors to participate.
BSR considers second share sale before listing

BSR considers second share sale before listing

BSR, the operator of Dung Quat Refinery, is considering putting more shares on sale before listing its shares on the HoSE in next April.
VOF makes loss on newly-bought state-owned firms

VOF makes loss on newly-bought state-owned firms

VinaCapital’s Vietnam Opportunity Fund seems to have suffered a loss from purchasing a stake in Vietnamese state-owned firms BSR and PV Power after the big firms’ shares fell post-IPO.
BSR chairman arrested in relation to OceanBank trials

BSR chairman arrested in relation to OceanBank trials

Criminal proceedings have been started against BSR chairman Nguyen Hoai Giang for BSR receiving extra interest payments outside the contract with OceanBank.
BSR could have made more on IPO with real valuation

BSR could have made more on IPO with real valuation

Binh Son Refining and Petrochemical Co., Ltd. (BSR) would have made more on its initial public offering (IPO) if it had been evaluated more accurately.
BSR deputy general director arrested for BSR and OceanBank links

BSR deputy general director arrested for BSR and OceanBank links

Criminal proceedings have been initiated against Vu Manh Tung, deputy general director of BSR, for “abuse of power or position for appropriation of property.”
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