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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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