On February 17, the Board of Directors of Lilama 10 Joint Stock Company approved a public tender offer for L10 shares from Mr. Dang Van Long as follows:
- Bidder: Mr. Dang Van Long
- Information about the public tender offer:
- Target company: Lilama 10 Joint Stock Company
- Number of L10 shares represented by the bidder: 1,186,800 shares (12% of L10’s charter capital)
- Number of L10 shares owned by the bidder: 814,301 shares (8.23% of L10’s charter capital)
- Number of L10 shares owned by the person related to the bidder: 65,087 shares (0.658% of L10’s charter capital)
- Number of L10 shares expected for purchase: 1,200,000 shares (12.13% of L10’s charter capital)
- Number of L10 shares owned by Mr. Dang Van Long and the related person after trading: 3,266,188 shares (33.03% of L10’s charter capital)
- Estimated buying price: VND14,900/share
- Trading time: within 30 days to 60 days after the State Securities Commission approves the public tender offer in writing.
- Trading agent: Tan Viet Securities Incorporation (TVSI).