Vinh Long Real Estate Joint Stock Company (VIRESCO): Notice of a competitive offering for the block of shares of SCIC

Pursuant to Decision No.62/QD-DTKDV dated 03/08/2022 of State Capital Investment Corporation (SCIC) on the sale of stake of SCIC at Vinh Long Real Estate Joint Stock Company (VIRESCO); SCIC and the HoChiMinh Stock Exchange would like to announce the followings:

1. Issuer: Vinh Long Real Estate Joint Stock Company (VIRESCO)

-          Address: 91-93 Pham Thai Buong, ward 4, Vinh Long city, Vinh Long

1. Issuer's chartered capital               : VND26,535,500,000
2. Capital owned by SCIC                : VND19,377,700,000 (73.03% charter capital)
3. Conditions to participate in the auction: the investors said in the regulations on competitive offering for the block of shares of SCIC in Vinh Long Real Estate Joint Stock Company.
4. Auction organizer: Hochiminh Stock Exchange – 16 Vo Van Kiet, District 1, HCMC
5. Consulting firm: Bao Viet Securities Joint Stock Company
6. Information on the shares for auction:

-          Stock type                       : common stock

-          Par value                         : VND10,000/share

-          Volume for competitive offering: 1,937,770 shares (73.03% charter capital)

-          Number of blocks           : 01 block

-          Number of shares per block: 1,937,770 shares

-          Beginning price per block: VND75,285,000,000

-          Price tick: VND1,000,000/block

-          Total number of shares that foreign investors are allowed to buy: 0 shares

1. Time for registering and depositing: from 27/06/2022 to 16h00, 08/07/2022
2. Time for submitting bidding sheets: before 15:00, 14/07/2022
3. Date of competitive offering        : 15h00, 18/07/2022
4. Venue of competitive offering     : Hochiminh Stock Exchange – 16 Vo Van Kiet, District 1, HCMC
5. Time for settlement: from 19/07/2022 to 25/07/2022
6. Time for refunding the deposit to unsuccessful bidders: from 19/07/2022 to 25/07/2022.

HOSE

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