Thu Duc Water Supply Joint Stock Company received a public tender offer from Refrigeration Electrical Engineering Corporation on October 07, 2013, as follows:
-
Number of shares registered to be purchased: 1,455,000
shares
-
Bid price: VND8,000/share
-
Financial
resource for the tender offer: the company’s equity capital
-
Purpose:
raising its holding
-
Operation
Plan: This is a long term investment in Thu Duc Water Supply Joint Stock
Company. Refrigeration Electrical Engineering Corporation has no intention to
change business activities of Thu Duc Water Supply Joint Stock Company after
increasing its holding in the company.
-
Trading period: from 30 days to 60 days after the State Securities
Commission approves the public tender offer and the Corporation discloses
information.
-
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.
-
Payment date:
According to the guidance of Vieynam Securities Depository and Hochiminh Stock
Exchange.
-
Agent for tender
offer: VNDirect Securities Corporation.
