NSC: The public tender offer from The PAN Group

On November 09, 2015, The PAN Group Joint Stock Company received an official document from the State Securities Commission of Vietnam regarding the public tender offer for the NSC shares of National Seed Joint Stock Company. The PAN Group Joint Stock Company also committed to complete the relevant procedures.

Here is the information about the public tender offer:

1)    Bidder: The PAN Group Joint Stock Company

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

2)    Information about the public tender offer:

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

-          Stock code: NSC

-          Par value: VND10,000/share

-          Stock type: common stock

-          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 November 11, 2015 to December 15, 2015

-          Objects: the shareholders who own the transferable shares of National Seed Joint Stock Company.

3)    Agent for purchase: Saigon Securities Incorporation (SSI)

HOSE

>   VPBS: VPBS becomes a joint stock company (12/11/2015)

>   SBT: Report on Outstanding Voting Shares (12/11/2015)

>   HVS: Report on Change in Ownership ratio (12/11/2015)

>   BBC: Board Resolution (12/11/2015)

>   VTF: The record date for seeking shareholders’ approval (12/11/2015)

>   PGD: The BoD approves the document for seeking shareholders’ approval (12/11/2015)

>   LDG: Board resolution on EGM (12/11/2015)

>   ECC: ECC stops trading for voluntary termination of membership (12/11/2015)

>   BBC: Report on the result of private placement (12/11/2015)

>   BCI: Notice of Extraordinary General Meeting 2015 (12/11/2015)