On September 28, 2021, the BOD of BiBICA Corporation approved to buy shares of PAN Food Manufacturing Joint Stock Company (PAN FM) with details as follows:
- Company name: PAN Food Manufacturing Joint Stock Company
- Charter capital: VND300,000,000,000
- Number of outstanding shares: 30,000,000 shares
- Par value: VND10,000/share
- Ownership ratio of BIBICA in PAN FM before trading: 0%
- Ownership ratio of BIBICA in PAN FM after trading: 100%
- Expected repurchase volume: 30,000,000 shares
- Expected buying price: VND10,000/share
- Total value: VND300,000,000,000
- Related parties in the transaction: BIBICA and existing shareholders of PAN FM, including:
+ PAN Food Joint Stock Company
+ Mrs. Nguyen Thai Hanh Linh
+ Mrs. Nguyen Thi Hong Hai.