Introduction

Petrolimex International Trading Joint Stock Company (PITCO) is a Vietnam-based diversified trading company. It is involved in wholesale trading of agricultural products, such as pepper and natural rubber sheets. It also trades petroleum and petrochemicals, as well as metal ores, tins and steel. Other products include antimony, plastic resins, handicrafts, industrial equipment and machinery and other consumer goods. In addition, the Company offers petroleum transportation and warehousing services. Other activities include the manufacture of paint and the operation of petroleum stations.

Business sector

  • As petroleum agent; buying and selling petrochemical products (excluding gas);
  • Transporting petroleum products;
  • Importing and exporting petroleum products;
  • Trading imported and exported agricultural products; forest products, aquatic products, handicrafts, consumer goods (technological products and foods), machines for industrial and agricultural purposes, transport vehicles, materials for consumption and production;
  • Manufacturing, processing and trading minerals and nonferrous metals;
  • Processing, manufacturing import-export products (except for fresh food, recycling waste metal and plastic, processing mechanical products);
  • Developing houses and infrastructure;
  • Providing forwarding services;
  • Leasing offices; warehouses and workshops;
  • Manufacturing and trading magnetic cards, microchip cards and phone cards;
  • Manufacturing, trading paint and material for paint industry;

History

Date of incorporation 03/07/1999
Certificate of registration number 0301776741
Date of issue 02/11/2022
Capital 151,993,450,000
Tax Code 0301776741
Sectors & Industries Retail > Broadline Retailers

  • The precursor of Petrolimex International Trading Joint Stock Company is Petrolimex International Trading Company, which was established in 1999 following Decision No. 806/1999/QD-BTM dated Jul 03, 1999 of the Ministry of Trade.
  • In 2000, Petrolimex International Trading Company was renamed Petrolimex General  Trading Company following Decision No. 1299/2000/QD-TM dated Sep 20, 2000 of the Ministry of Trade.
  • On Ju 06, 2002, the company started its equitization process following Decision No. 0683/2002/QD-BTM.
  • On Oct 01, 2004, the company officially operated as a joint stock company with capital from state holders accounting for 80% of the company’s total capital.
  • On Jan 24, 2008, the company’s shares were officially listed on the Ho Chi Minh City Stock Exchange.
  • Via paying dividend by shares for the years 2007, 2009 , 2010, and 2011, its charter capital was adjusted to VND 128.314.550.000.
  • On Aug 15, 201, its charter capital was adjusted to VND 151.993.450.000.

Listing information

Date of listing 02/11/2022
Stock exchange HOSTC
Par Value 10,000
Initial Listing Price 65,000
Listing Volume 15,199,345
Total Listing Value 151,993,450,000

Management team

Trần Trung Kiên Chairman of the Board of Directors
Huỳnh Đức Thông Members of the Board
Trần Minh Huỳnh Members of the Board
Nguyễn Đình Thanh Members of the Board
Lê Thúy Đào Board of internal controllers
Trần Thị Hường Member of the Board of Internal controllers
Trần Thị Lan Member of the Board of Internal controllers
Huỳnh Đức Thông Chief of Executive Officer
Văn Tuấn Anh Deputy CEO
Vũ Văn Cung Deputy CEO
Nguyễn Văn Hải Deputy CEO
Nguyễn Minh Quang Chief Accountant
Huỳnh Đức Thông Representative Spokesman