SAM: BOD approved to buy shares of PHG

The Board resolution dated September 14, 2020, the Board of Directors SAM Holdings Corporation approved to buy shares of Phu Huu Gia Joint Stock Company (PHG) with the following details:

-          Expected purchase volume: 16,300,470 shares

-          Expected purchase price: VND 10,000/share

-          Total value (estimated): VND 163,004,700,000

-          Ownership ratio of SAM Holdings before buying: 0%

-          Ownership ratio of SAM Holdings after buying: 45.28%

-          Mr. Tran Viet Anh who is Chairman of BOD of PHG and member of BOD cum Chief Executive Officer (CEO) of Sam Holdings.

HOSE

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