SII: SII receives a tender offer for SII shares Sai Gon Water Infrastructure Corporationreceived the registration document of public tender offer from Hochiminh City Infrastructure Investment Joint Stock Companyon March 31, 2015 as follows:
1) Bidder: Hochiminh City Infrastructure Investment Joint Stock Company
- Trade name: CII
- Charter capital: VND1,953,169,040,000
2) Information about the tender offer:
- Stock: Stock of Sai Gon Water Infrastructure Corporation
- Stock code: SII
- Relation of Bidder and the tender offer: CII is associated company of SII
- Currently, number of holding shares of NSC: 28,679,970 shares (49.13% of total outstanding shares of SII)
- Number of shares registered to be purchased: 4,590,930 shares (7.87% of total outstanding shares of SII)
- Bid price: VND23,300/share
- Financial resource for the tender offer: CII’s own fund
- Purpose for the tender offer: to increase ownership ratio and long-term investment
- Trading time: within 30 days to 60 days after getting approval from the State Securities Commission
- Agent for tender offer: Viet Thanh Securities Company HOSE
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