Sai Gon Water Infrastructure Corporation announced that Hochiminh City Infrastructure Investment Joint Stock Company – parent company a public tender offer from Sai Gon Water Infrastructure Corporation as follows:
I. Bidder: Hochiminh
City Infrastructure Investment Joint Stock Company
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Trade name: CII
II. Information about the tender offer:
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Stock: Stock of Sai Gon Water Infrastructure Corporation
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Stock symbol: SII
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Number of holding shares before the tender offer: 20,400,000
shares (51% of SII outstanding shares)
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Number of shares registered to be purchased: 5,406,400
shares (13.52% of SII outstanding shares)
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Bid price: VND15,800/share
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Financial resource for the tender offer: the equity capital
of CII
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Purpose for the tender offer: to increase ownership ratio
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Trading period: from September 09, 2013 to October 09, 2013
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Agent for tender offer: Viet Thanh Securities Company.