SAV: SAV receives an offer of the public offer shares from TCM

Savimex Corporation (SAV) announces the public offer shares from Thanh Cong Textile Garment Investment Trading Joint Stock Company (TCM) with the following details:

-       Holding ratio of TCM at SAV before the public offer: 0 share, equivalent to 0% charter capital of SAV.

-       Holding ratio of Eland Asia Holdings Pte., Ltd (is related institution to TCM) at SAV:  5,447,310 shares, equivalent to 41.02% charter capital of SAV.

-       Number of shares to be offered: 2,750,000 shares, equivalent to 20.71% charter capital of SAV.

-       Expected holding ratio of TCM after the public offer: 20.71% charter capital of SAV.

-       Expected holding ratio of TCM and related institution after the public offer: 61.73% charter capital of SAV.

-       Offered price: VND9,000/share

-       Time of implementation: 30 days after the company has received written approval from the State Securities Commission.

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