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SAV: SAV receives an offer of the public offer shares from TCM
HSX - 9/21/2018 2:25:00 PM
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Savimex Corporation (SAV) announces the public offer shares from Thanh Cong Textile Garment Investment Trading Joint Stock Company (TCM) with the following details:

-       Holding ratio of TCM at SAV before the public offer: 0 share, equivalent to 0% charter capital of SAV.

-       Holding ratio of Eland Asia Holdings Pte., Ltd (is related institution to TCM) at SAV:  5,447,310 shares, equivalent to 41.02% charter capital of SAV.

-       Number of shares to be offered: 2,750,000 shares, equivalent to 20.71% charter capital of SAV.

-       Expected holding ratio of TCM after the public offer: 20.71% charter capital of SAV.

-       Expected holding ratio of TCM and related institution after the public offer: 61.73% charter capital of SAV.

-       Offered price: VND9,000/share

-       Time of implementation: 30 days after the company has received written approval from the State Securities Commission.

 

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