Viet Nam Electrical Equipment Joint Stock Corporation (“GELEX”) reports the result of the public tender offer for VGC shares as follows:
- Buyer: Viet Nam Electrical Equipment Joint Stock Corporation (HOSE: GEX)
- Target company: Viglacera Corporation - JSC (HOSE: VGC)
- Number of owning shares before trading: 111,927,600 shares (24.96% of VGC’s outstanding volume)
Of which:
- Number of shares owned by Viet Nam Electrical Equipment Joint Stock Corporation: 24,827,600 shares (5.54%);
- Number of shares owned by Gelex Electrical Equipment Joint Stock Company: 87,100,000 shares (19.43%)
- Number of shares expected for purchase: 95,000,000 shares (21.19%)
- Number of bought shares: 94,610,460 shares (21.1% of VGC’s outstanding volume)
- Number of owning shares after trading: 206,538,060 shares (46.07% of VGC’s outstanding volume)
Of which:
- Number of shares owned by Viet Nam Electrical Equipment Joint Stock Corporation: 119,438,060 shares (26.64%);
- Number of shares owned by Gelex Electrical Equipment Joint Stock Company: 87,100,000 shares (19.43%).