FMC: PAN implements the public tender offer for FMC shares

Sao Ta Foods Joint Stock Company announces the public tender offer for FMC shares by The PAN Group Joint Stock Company (PAN) as follows:

1. Bidder:  The PAN Group Joint Stock Company (PAN)

-        Head office: lot A1-9, Street VL3, Vinh Loc 2 Industrial zone, Long Hiep Commune, Ben Luc District, Long An Province.

2. Information about the public tender offer:

-        Name of target stock: Sao Ta Foods Joint Stock Company

-        Stock code: FMC

-        Par value: VND10,000/share

-        Stock type: common stock, freely transferable

-        Number of FMC shares expected for purchase: 4,762,000 shares (equivalent to 11.85% of total outstanding shares of FMC)

-        Number of FMC shares expected to be owned after trading: 18,090,000 shares (equivalent to 45% of total outstanding shares of FMC)

-        Buying price: VND30,000/share

-        Registration date: from December 12, 2018 to January 14, 2019

-        Agent for purchase: Sai Gon Securities Incorporation (SSI).

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