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Japan picks winner for first floating offshore wind tender

Japanese giant ENEOS Corporation continues to buy stakes of PLX

ENEOS Corporation has just registered to buy 25 million shares of Viet Nam National Petroleum Group (Petrolimex, PLX). The deal is conducted through order matching on the stock exchange between May 14 and June 22.

Japanese energy firm to hold 11% stake of Petrolimex

Thursday, 09:56, 25/02/2021 Japan’s ENEOS Corporation said it has registered to buy 25 million treasury stocks of the Vietnam National Petroleum Group (Petrolimex). The purchase will be made from March 1-30 in the form of order matching on the stock market.  It previously acquired 13 million treasury shares of Petrolimex, or a stake of 1%, from August 27 to September 14, 2020. A representative said the JX Nippon Oil and Energy Vietnam Co. Ltd., an affiliate of the ENEOS Corporation, currently holds more than 103.5 million Petrolimex shares, equivalent to an 8% stake.  Once this latest purchase is completed, the corporation will hold about 11% of Petrolimex. Meanwhile, Petrolimex still has 50 million treasury shares.

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