Monday, 06/03/2023 16:10

CAV: Result of the public tender offer for CAV shares

Notice of the public tender offer for CAV shares:

1)      Bidder: Gelex Electricity Joint Stock Company

2)      Result ofpublic 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 to be bought: 2,100,795 shares (3.65% of total outstanding shares of CAV)

-          Number of shares registered to sell: 64,456 shares

-          Number of shares bought: 64,456 shares

-          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 and related persons after trading: 55,540,191 shares (96.61% of total outstanding shares of CAV)

-          Buying price: VND55,000/share

-          Ending date: February 28, 2023

-          Agent for purchase: Saigon Securities Incorporation (SSI).

HOSE

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