Thursday, 05/09/2013 14:59

SII: CII announces a tender offer for SII shares

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

-         Trade name: CII

II.   Information about the tender offer:

-         Stock: Stock of Sai Gon Water Infrastructure Corporation

-         Stock symbol: SII

-         Number of holding shares before the tender offer: 20,400,000 shares (51% of SII outstanding shares)

-         Number of shares registered to be purchased: 5,406,400 shares (13.52% of SII outstanding shares)

-         Bid price: VND15,800/share

-         Financial resource for the tender offer: the equity capital of CII

-         Purpose for the tender offer: to increase ownership ratio

-         Trading period: from September 09, 2013 to October 09, 2013

-         Agent for tender offer: Viet Thanh Securities Company.

HOSE

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