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:
1.
Bidder: Hochiminh City Infrastructure Investment
Joint Stock Company
-
Trade name: CII
2.
Information about the tender offer:
-
Stock: Stock of Sai Gon Water Infrastructure
Corporation
-
Stock symbol: SII
-
Object: the existing shareholders of SII
-
Number of holding shares before the tender offer: 20,767,140
shares
-
Before on December 05, 2013: CII held 51.92% of 40,000,000 SII
outstanding shares.
-
After on December 05, 2013: CII holds 35.58% of 58,370,000
SII outstanding shares.
-
Number of shares registered to be purchased: 5,039,400
shares
+
12.6% of 40,000,000 SII shares
+
8.63% of 58,370,000 SII shares
+
Bid price: VND16,400/share
-
Financial resource for the tender offer: the equity capital
of CII
-
Purpose for the tender offer: to increase ownership ratio
-
Trading period: from December 11, 2013 to January 13, 2014
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Agent for tender offer: Viet Thanh Securities Company.