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TỔNG CÔNG TY PHÂN BÓN VÀ HÓA CHẤT DẦU KHÍTỔNG CÔNG TY PHÂN BÓN VÀ HÓA CHẤT DẦU KHÍ

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PVFCCo leaders attended series of meetings with investors

14/03/2018

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 From February 26 to February 28, 2018 and on March 13, 2018, Mr. Le Cu Tan – Chairman of PetroVietnam Fertilizer and Chemicals Joint Stock Corporation (PVFCCo), together with independent members of the BOM and IR Team, jointly attended a series of meetings with shareholders introducing investment opportunities to potential domestic and foreign investors in Singapore and Vietnam Access Day Event in Ho Chi Minh City.

During the program, Mr. Le Cu Tan and the representative of IR Team led 15 individual and group meetings with more than 50 major funds that have been (and were) corporate shareholders in DPM, as well as major banks and investment funds that share interests in investment opportunities in Asian market in general and DPM in particular. Among major shareholders and investment funds, there were Nikko AM, Fullerton, Eastspring, Nomura AM, NBK Singapore Value Asset AM, New Silk Road Investments, Tundra, JP Morgan, CIM, etc. These are foreign large-scale investment funds that are managing billions of USD in assets and have been either investing in the stock market of Vietnam or investigating opportunities for expanding their investment portfolios.

At the meetings, shareholders and investors were updated with details of the operations and development prospects of PVFCCo with particular focus on following key topics: 1. Progress of new NH3-NPK investment project and growth prospect for operating scale of DPM since 2018; 2. Vietnam Oil and Gas Group’s plan on divestment of capital in DPM in 2018 and cooperating opportunities for strategic investors; 3. Results of operations and position achieved by DPM in 2005-2017 period; 4. Past and current pricing of DPM’s stock in the market compared to average rate among similar companies, etc.

The investors expressed special interests in the growth prospect since 2018 when new NH3-NPK project commences its commercial operations, as well as in the possibility of seeking for strategic partners for long-term development in chemical business, and past and future factors that have effect on the costs and margin of DPM, etc.

These were the first investor and shareholder meetings that have been held by the Management of DPM in 2018 in a major financial center in Asia to update and communicate the prospects and trends for investment in DPM and investors’ expectations, which contributes to the diversification of shareholder structure, maintains and improves the liquidity of DPM stock. Also, this even was an opportunity for the Management of DPM to address investors and shareholders’ concerns and interests regarding DPM in such a context that the stock market of Vietnam is attracting a special attention from foreign investment funds.

Below are some photos:

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