- Green Growth
- Your Consultant
|After the IPO next month, BSR will try to list on the stock exchange. Photo: Dung Quat Oil Refinery|
According to Tran Ngoc Nguyen, general director of BSR, the company will offer between 5-6 per cent of the stakes at its IPO to both domestic and foreign investors. BSR believes that its offered shares will be sold out at its IPO as it is garnering heavy attraction.
Nguyen stated that BSR will try to list on the stock exchange right after the IPO, despite it being difficult to realise due to the company’s large scale.
Furthermore, within 12 months of its IPO, BSR plans to complete the sale of a 49-per-cent stake to strategic investors, aiming to reduce the state-owned holding below 50 per cent.
BSR is an affiliate of Vietnamese oil and gas group PetroVietnam, which is directly in charge of the management and operation of Dung Quat Refinery—the country’s first oil refinery. The refinery was built to localise petrochemical products supply. It was inaugurated in 2011 with a total investment of $3.05 billion and is currently able to satisfy 30 per cent of thedomestic petroleum demand.
In 2015 and 2016, BSR’s after-tax profit reached VND6.707 trillion ($295.5 million) and VND4.492 trillion ($197.89 million), respectively. In addition, the return on equity (ROE) of the firm in these two years was 21 and 14 per cent.
According to the executives, in the first eight months of 2017, BSR recorded strong business results with an after-tax profit of VND4.002 trillion ($176.3 million), close to that of the whole year of 2016.
The IPO of BSR is considered one of the three “blockbusters” on the stock market in the last quarter of the year, along with two other oil and gas companies, namely PetroVietnam Oil Corporation (PV Oil) and PetroVietnam Power Corporation (PV Power).
|Close-up of PetroVietnam’s three major IPOs in 2017|
|Binh Son Refining and Petrochemical reports positive business results ahead of IPO|
|Binh Son Refining and Petrochemical’s IPO lures investors|
|BSR to sell shares, seek out experienced investors|
|Sovico Investment, BS Refining talk equitisation|
|Sovico, BSR in investment talks|
|Vietnam’s sole operating oil refinery sets surprisingly low profit target for 2017|
|Binh Son to finance refinery expansion from stellar loan package|
|Oil giant BSR to exceed output target|
The passage provides information about BSR's plans for an IPO, its financial performance, and the significance of the Dung Quat Refinery. It does not contain any mathematical questions or answers.
no_question
Given a text passage, determine:
    1. If it contains a mathematical question (including word problems or calculations)
    2. If an answer to that mathematical question is provided in the text

First, describe the content structure you found in 1-2 sentences.

Then provide your analysis in the following format:
TYPE: <one of the following values>
- NO_QUESTION
- SINGLE_QUESTION
- SINGLE_QUESTION_WITH_ANSWER
- MULTIPLE_QUESTIONS
- MULTIPLE_QUESTIONS_WITH_ANSWERS
system
- Green Growth
- Your Consultant
|After the IPO next month, BSR will try to list on the stock exchange. Photo: Dung Quat Oil Refinery|
According to Tran Ngoc Nguyen, general director of BSR, the company will offer between 5-6 per cent of the stakes at its IPO to both domestic and foreign investors. BSR believes that its offered shares will be sold out at its IPO as it is garnering heavy attraction.
Nguyen stated that BSR will try to list on the stock exchange right after the IPO, despite it being difficult to realise due to the company’s large scale.
Furthermore, within 12 months of its IPO, BSR plans to complete the sale of a 49-per-cent stake to strategic investors, aiming to reduce the state-owned holding below 50 per cent.
BSR is an affiliate of Vietnamese oil and gas group PetroVietnam, which is directly in charge of the management and operation of Dung Quat Refinery—the country’s first oil refinery. The refinery was built to localise petrochemical products supply. It was inaugurated in 2011 with a total investment of $3.05 billion and is currently able to satisfy 30 per cent of thedomestic petroleum demand.
In 2015 and 2016, BSR’s after-tax profit reached VND6.707 trillion ($295.5 million) and VND4.492 trillion ($197.89 million), respectively. In addition, the return on equity (ROE) of the firm in these two years was 21 and 14 per cent.
According to the executives, in the first eight months of 2017, BSR recorded strong business results with an after-tax profit of VND4.002 trillion ($176.3 million), close to that of the whole year of 2016.
The IPO of BSR is considered one of the three “blockbusters” on the stock market in the last quarter of the year, along with two other oil and gas companies, namely PetroVietnam Oil Corporation (PV Oil) and PetroVietnam Power Corporation (PV Power).
|Close-up of PetroVietnam’s three major IPOs in 2017|
|Binh Son Refining and Petrochemical reports positive business results ahead of IPO|
|Binh Son Refining and Petrochemical’s IPO lures investors|
|BSR to sell shares, seek out experienced investors|
|Sovico Investment, BS Refining talk equitisation|
|Sovico, BSR in investment talks|
|Vietnam’s sole operating oil refinery sets surprisingly low profit target for 2017|
|Binh Son to finance refinery expansion from stellar loan package|
|Oil giant BSR to exceed output target|
user
The passage provides information about BSR's plans for an IPO, its financial performance, and the significance of the Dung Quat Refinery. It does not contain any mathematical questions or answers.

TYPE: NO_QUESTION