General Electric 3 Company held Roadshow to introduce investment opportunities into EVNGENCO3 shares in Ho Chi Minh City.

01:50 01/30/2018

In the afternoon of January 26th, 2018, Generator 3 Company successfully organized an introduction workshop about investment opportunies into GENCO3, attracting many potential domestic and international investors.

In the afternoon of January 26th, 2018, Generator 3 Company successfully organized an introduction workshop about investment opportunies into GENCO3, attracting many potential domestic and international investors.

Representatives of the Government Office, the Ministry of Finance, the Ministry of Industry and Trade, the State Securities Commission, Ho Chi Minh City Stock Exchange, leaders of the Electricity of Vietnam (EVN), leaders of Electricity Generating Corporation 3, representatives of some securities companies as well as many potential investors including many prestigious financial institutions and investment funds attened this event.

At the seminar, Mr. Dinh Quang Tri - Deputy General Director of Electricity of Vietnam introduced the overview of EVNGENCO3 equitization plan approved by the Prime Minister. In addition, Mr. Dinh Quoc Lam - General Director of EVNGENCO3 also helps potential investors and the media understanding more about the equitization of the company such as the number of shares to be auctioned in the IPO to strategic investors and preferential shares for employees; equitization consultants for EVNGENCO3; IPO information and the process of selling shares to strategic investors.

To evaluate objectively the business situation of enterprises when equitization, Barry Weisblatt - Director of Investment Analysis of Viet Capital Securities Joint Stock Company (Viet Capital) - a unit in the equitization consultancy introduced, analyzed the business situations about the major advantages of GENCO3 in the competitive power market, created a stronger foundation for the future.

Potential investors also analyzed and highly appreciated the role of GENCO3 in the current electricity market with the main power sources such as Phu My, Vinh Tan 2, Mong Duong 1, Buon Kuop; high quality human resources, advanced management skills and experiences in working with large corporations in the world such as GE, Alstom, MHI, Siemens,…

Barry Weisblatt analyzes the major advantages of GENCO3 in competitive electricity market nowadays

At the seminar, potential investors, journalists and media asked more than 60 questions related to issues about electricity productions, electricity markets, environmental management, the solutions for the risks as well as future development direction of the Corporation.

According to this seminar, EVN and EVNGENCO3 leaders have responded satisfactorily to inquiries, questions and have provided useful information related to the above issues, creating a great confidence for strategic investors and sustainable development in the future when GENCO is equitized.