On December 12, 2024, Ho Chi Minh City Stock Exchange (HOSE) officially approved the listing registration dossier for 3.1 billion BSR shares of Binh Son Refining and Petrochemical Joint Stock Company. This is a historic turning point in the development process of Binh Son Refining and Petrochemical. This event enhances the transparency of BSR shares, and also helps increase the Company's access to domestic and foreign investors. Making financial information and operations of Binh Son Refining and Petrochemical transparent will create strong confidence for investors, thereby increasing the value of BSR shares.

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Binh Son Refining and Petrochemical Joint Stock Company has mastered the technology and operated Dung Quat Oil Refinery to ensure safety, stability and efficiency. Photo: Binh Son Refining and Petrochemical

International investors will have more opportunities to invest in BSR shares, contributing to increasing the liquidity and attractiveness of shares in the market. This is especially important because international investment funds often look for investment opportunities with growth potential and large enough to increase their holdings.

The successful listing of BSR on HoSE not only has special significance for BSR, but also has significant positive impacts on the entire Vietnamese stock market.

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Binh Son Refining and Petrochemical meets about 30 - 35% of the country's petroleum demand, contributing to ensuring national energy security. Photo: Binh Son Refining and Petrochemical

According to experts, when BSR shares officially join HoSE, they will provide investors with an attractive option in the energy industry, and can be a strong candidate for the VN30 basket. The presence of BSR in the VN30 basket will increase liquidity and diversity for the group of blue-chip stocks, attracting high interest from investors. In particular, it is necessary to mention the strong cash flow from organizations and investment funds with investment strategies based on the VN30 index. These funds often have strict requirements for investing in stocks representing large companies with high liquidity and stability.

Minh Sy