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PMG: Board resolution on stake transfer

Wednesday, 08/07/2020
PMG: Board resolution on stake transfer

According to Board Resolution No.04/06/2020/QD-HDQT dated June 30, 2020, the Board of Directors of Petro Center Corporation (code: PMG) approved the following issues:

1)      To transfer the business activities of LPG bottles and filling stations to Mien Trung Gas Joint Stock Company, a subsidiary of PMG.

2)      To transfer 45% stake at V-Gas Petroleum Corporation to Tokai Corporation. To receive the stake transfer from minority shareholders at Mien Trung Gas Joint Stock Company and V-Gas Petroleum Corporation so that PMG can own 51% of Mien Trung Gas Joint Stock Company and 51% of V-Gas Petroleum Corporation.

Theo HSX


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