Notice of the public tender offer for SSC shares:
- Bidder: Gelex Electricity Joint Stock Company
- Information about the public tender offer:
- Name of target stock: Vietnam Electric Cable Corporation (CAV)
- Stock code: CAV
- Par value: VND10,000/share
- Stock type: common stock
- Number of CAV shares expected for purchase: 2,100,795 shares (3.65% of total outstanding shares of CAV)
- Number of CAV shares owned by Gelex Electric before trading: 55,388,635 shares (96.35% of total outstanding shares of CAV)
- Number of CAV shares owned by Gelex Electric and related persons before trading: 55,475,735 shares (96.50% of total outstanding shares of CAV)
- Number of CAV shares owned by Gelex Electric after trading: 57,489,430 shares (100% of total outstanding shares of CAV)
- Buying price: VND55,000/share
- Trading time: from January 09, 2023 to February 28, 2023
Agent for purchase: Saigon Securities Incorporation (SSI).