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.