The Board resolution dated September 14, 2020, the Board of Directors SAM Holdings Corporation approved to buy shares of Phu Huu Gia Joint Stock Company (PHG) with the following details:
- Expected purchase volume: 16,300,470 shares
- Expected purchase price: VND 10,000/share
- Total value (estimated): VND 163,004,700,000
- Ownership ratio of SAM Holdings before buying: 0%
- Ownership ratio of SAM Holdings after buying: 45.28%
- Mr. Tran Viet Anh who is Chairman of BOD of PHG and member of BOD cum Chief Executive Officer (CEO) of Sam Holdings.