HVG: Announcement of tender offer for VTF shares On March 28, 2014, Hung Vuong Corporation officially received the approval for public tender offer from the State Securities Commission. Therefore, the Company promptly disclosed information about the tender offer and will fulfill procedures:
1. Bidder: Hung Vuong Corporation
- Head office: Block 44, My Tho Industrial Zone, Tien Giang Province
2. Information about the tender offer:
- Stock: Stock of Viet Thang Feed Joint Stock Company
- Stock code: VTF
- Number of shares registered to be purchased: 2,500,000 shares (5.58% of outstanding shares of VTF)
- Number of holding shares after the tender offer: 25,760,000 shares (61.21% of outstanding shares of VTF)
- Bid price: VND20,000/share
- Financial resource for the tender offer: HV CORP’s working capital
- Trading time: from April 02, 2014 to May 02, 2014.
- Objects: investors who are existing shareholders of VTF. HOSE
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