Viet Nam Fumigation Joint Stock Company announces the public tender offer for VFG shares by The PAN Group Joint Stock Company (PAN) as follows:
- Bidder: The PAN Group Joint Stock Company (PAN)
- Head office: lot A1-9, Street VL3, Vinh Loc 2 Industrial zone, Long Hiep Commune, Ben Luc District, Long An Province.
- Information about the public tender offer:
- Name of target stock: Viet Nam Fumigation Joint Stock Company
- Stock code: VFG
- Par value: VND10,000/share
- Stock type: common stock
- Number of VFG shares owned by PAN before trading: 6,323,000 (equivalent to 20% total outstanding shares of VFG)
- Number of VFG shares expected for purchase: 9,798,850 shares (equivalent to 31% total outstanding shares of VFG)
- Number of VFG shares expected to be owned by PAN after trading: 16,121,850 shares (equivalent to 51% total outstanding shares of VFG)
- Buying price: VND38,500/share
- Registration date: from December 03, 2018 to January 03, 2019
- Agent for purchase: Sai Gon Securities Incorporation (SSI).