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GAS - BUY - Cornerstone of Vietnam's energy future - Initiation

Company Research

14 May 2012

PV Gas (GAS) will list all 1,895 million of its outstanding shares on the HSX on 21 May 2012 to become one of the Top 3 stock by market cap in the VNI. GAS, also the largest listed company in the state-owned PVN family, is the country’s sole supplier of dry gas providing enough gas to produce 45% of the country’s power output and 80% of its fertilizer output. Roughly 3.2% of GAS’ shares were IPO’d in October 2010 and these are the shares expected to be available for trade upon listing.
Tags: GAS

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