Specifically, EVN has divested all capital at Thu Duc Electro-Mechanical Joint-Stock Company, getting the proceeds of VND 77.5 billion, with a surplus of VND 31.56 billion.
The Ministry of Industry and Trade approved EVN's capital transfer plan at Dong Anh Electrical Equipment Corporation. Currently, EVN is carrying out procedures for auction in accordance with applicable regulations.
In addition, EVN is also considering submitting to the Ministry of Industry and Trade for approval the capital transfer plan and the starting price to organize share auctions at Thuan Binh Wind Power Joint Stock Company and EVN Finance Joint Stock Company.
For equitization, on September 17, 2018, Power Generation Joint Stock Corporation 3 - Joint Stock Company (EVNGENCO 3) successfully organized the First Shareholders General Meeting. At the Meeting, the shareholders also voted on the draft contents of the organization and operation charter; the production and business plan in 2018 and EVNGENCO 3 restructuring plan; the salary and remuneration plan of the Management Board and Supervisory Boards in 2018, etc.
Currently, the EVN Board of Members has approved the Plan on separating electricity services at EVN’s Corporations. To date, the National Power Transmission Corporation (EVNNPT); Hanoi Power Corporation (EVNHANOI) and Ho Chi Minh City Power Corporation (EVNHCMC) have established three electricity service companies. Northern Power Corporation, Central Power Corporation and Southern Power Corporation are to urgently separate service activities from the electricity production and business activities in the coming time, etc.