Viet Nam Electrical Equipment Joint Stock Corporation (stock code: GEX) has received the approval from Viglacera Corporation – JSC (stock code: VGC) as follows:

On July 07, 2020, the Board of Directors of Viglacera Corporation - JSC approved unanimously approved the public tender offer for 95,000,000 VGC shares by Viet Nam Electrical Equipment Joint Stock Corporation in order to raise the ownership ratio to 46.15% of VGC’s charter capital.