Wednesday, 04/11/2015 17:07

NSC: NSC receives the document of public tender offer from PAN

National Seed Joint Stock Company has received the document of public tender offer from The PAN Group Joint Stock Company as follows:

-          Buyer: The PAN Group Joint Stock Company

-          Address: 236/43/2 Dien Bien Phu, ward 17, Binh Thanh district, Hochiminh, Vietnam

-          Name of target stock: Stock of National Seed Joint Stock Company (NSC)

-          Number of NSC shares owned by PAN before trading: 9,614,243 shares (62.86% of total outstanding shares of NSC)

-          Number of shares expected for purchase: 1,857,007 shares (12.14% of total outstanding shares of NSC)

-          Number of NSC shares owned by PAN after trading: 11,471,250 shares (75.00% of total outstanding shares of NSC)

-          Expected buying price: VND101,200/share

-          Trading time: from 30 days to 60 days after the State Securities Commission approves the public tender offer and the Company discloses information.

-          Agent company: Saigon Securities Incorporation (SSI)

HOSE

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