On October 07, 2013, the Board of Directors of Refrigeration Electrical Engineering Corporation announced the Board Resolution dated October 07, 2013 with some main as follows:
-
The Board of Directors approved to plan about the tender
offer for TDW shares as follows:
1.
Name
of the tender offer: Stock of Thu Duc Water Supply
Joint Stock Company
2.
Number
of shares registered to be purchased: 1,455,000 shares (17% of total
outstanding shares of TDW)
3.
Number
of holding shares after the tender offer: 3,565,740 shares (42.07% of total
outstanding shares of TDW)
4.
Bid
price: VND18,000/share
5.
Financial
resource for the tender offer: the company’s equity capital
6.
Purpose:
raising its holding
7.
Trading
time: from 30 days to 60 days after the State Securities Commission approves
the public tender offer and the Corporation discloses information.
8.
REE
will cancel the tender offer if:
+
TDW
increases or decreases it outstanding shares through splitting, combining
shares or converting preference shares;
+
TDW
decreases share capital;
+
TDW
issues shares to increase its charter capital;
+
TDW
sells or part of business or assets;
+
TDW
dissolves.
9. Agent for tender offer:
VNDirect Securities Corporation
