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Genco 3

Genco 3 grieves about IPO outcome

Genco 3 grieves about IPO outcome

Only 3 per cent of a total of 267 million shares offered in the initial public offering (IPO) of Power Generation Corporation 3 (Genco 3) on Friday were sold successfully, a poor result given the high market expectations before the...
4 investors eye GENCO 3

4 investors eye GENCO 3

Four foreign investors from India, Thailand, South Korea and the Middle East registered to buy 36 per cent of the charter capital at the Power Generation Corporation 3 (Genco 3) to become its strategic investors.  
Foreign investors keen on Genco 3s privatisation

Foreign investors keen on Genco 3’s privatisation

Electricity of Viet Nam (EVN) said on Monday it received formal registrations from foreign investors to buy 36 per cent charter capital at the Power Generation Corporation 3 (Genco 3).
Genco 3 confirms IPO date in February 2018

Genco 3 confirms IPO date in February 2018

The Power Generation Corporation 3 (Genco 3) will put more than 267 million shares, accounting for 12.8 per cent of its charter capital, up for sale in its initial public offering (IPO) in February 2018.
MoIT firms struggle to find strategic investors

MoIT firms struggle to find strategic investors

Businesses under the industry and trade ministry have not attracted foreign strategic investors during their privatisation, the ministry''s board for enterprise renewal and development''s deputy head Phan Dang Tuat said.
EVN earns 43.6m from divestment

EVN earns $43.6m from divestment

Electricity of Viet Nam (EVN) has completed divestment from three real estate companies, while reducing its capital at EVN Finance Company to 16.5 per cent of its original charter capital.
Japanese loan to help Da Nhim power plant

Japanese loan to help Da Nhim power plant

Power Generation Corporation 1 (Genco 1) and Da Nhim-Ham Thuan–Da Mi hyower joint-stock company on February 10 launched the Da Nhim hyower plant expansion in the southern province.
Genco 3 to be equitised next year

Genco 3 to be equitised next year

The privatisation of Power Generation Corporation 3 (Genco 3), which is fully owned by the Electricity of Vietnam, will be conducted next year, the Ministry of Industry and Trade has announced.