NSC: Board approves the public tender offer for SSC shares

On March 02, 2018, the Board of Directors of National Seed Joint Stock Company approved the plan for public tender offer for the shares of Southern Seed Corporation (SSC):

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

2)    Number of SSC shares owned by NSC before trading: 10,124,124 shares (74.9% of total outstanding shares of SSC)

3)    Number of SSC shares expected for purchase: 3,392,731 shares (25.1% of total outstanding shares of SSC)

4)    Number of SSC shares owned by NSC after trading: 13,516,855 shares (100.00% of total outstanding shares of SSC)

5)    Expected buying price: VND70,000/share

6)    Trading time: within 30 days after receiving the approval by the State Securities Commission.  

7)    Agent for purchase: Saigon Securities Incorporation – Ha Noi Branch.

HOSE

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