THI: Plan for public tender offer for TBD shares

Jun 21st at 16:29
21-06-2023 16:29:25+07:00

THI: Plan for public tender offer for TBD shares

The Board resolution dated June 19, 2023, the BOD of Electrical Equipment Joint Stock Company approved the plan for public tender offer for TBD shares with details as follows:

-          Name of target stock: Dong Anh Electrical Equipment Corporation (TBD)

-          Stock code: TBD

-          Relationship: Electrical Equipment Joint Stock Company is major shareholder of Dong Anh Electrical Equipment Corporation

-          Number of TBD shares owned by THI and related persons before trading: 8,088,137 shares (equivalent to 24.95% of total outstanding shares of TBD)

-          Number of TBD shares owned by THI before trading: 8,088,137 shares (equivalent to 24.95% of total outstanding shares of TBD)

-          Number of TBD shares owned by related persons before trading: 0 share (equivalent to 0.00% of total outstanding shares of TBD)

-          Number of TBD shares expected to be offered: 7,148,507 shares (equivalent to 22.05% total outstanding shares of TBD)

-          Number of TBD shares owned by THI and related persons after trading: 15,236,644 shares (equivalent to 47.00% of total outstanding shares of TBD)

-          Stock type: common share

-          Buying price: VND96,200/share

-          Purpose: to raise the ownership ratio at Dong Anh Electrical Equipment Corporation

-          Trading time: after being approved by the State Securities Commission of Vietnam (SSC)

Agent for purchase: Saigon Securities Incorporation (SSI).

HOSE



RELATED STOCK CODE (3)

NEWS SAME CATEGORY

Tech unicorn VNG to suffer losses for the third year in a row

Tech unicorn VNG Joint Stock Company (VNZ) expect to suffer losses for the third year in a row this year with an estimated after-tax loss of about VND572 billion...

Marking SABECO’s (SAB) journey towards global credibility

Inheriting values with a history of nearly 150 years while striving to innovate and improve the quality of beer, Saigon Beer-Alcohol-Beverage Corporation is...

Dinh Vu Port (DVP) to pay 2022 dividend in cash

Dinh Vu Port Investment and Development JSC (DVP) plans to pay the second tranche of 2022 dividend payment at the rate of 50 per cent in cash, which means each...

VinaCapital’s fund sells 190,000 shares of Quang Ngai Sugar (QNS)

VinaCapital Vietnam Opportunity Fund (VOF), the flagship fund of VinaCapital, has just sold 190,000 shares of Quang Ngai Sugar JSC (QNS) to reduce its ownership...

Phat Dat (PDR) stays strong amid market challenges

Amid the market turbulence, Phat Dat Real Estate Development has made efforts to take drastic measures to overcome challenges.

Vietcombank's (VCB) market value hits record high

 Following continuous rallies on the stock market, Vietcombank's market value hit more than US$20.2 billion, far surpassing that of big listed companies and even...

Construction businesses to benefit from public investment projects

A series of construction enterprises will benefit from the Government implementing multiple strategic public investment infrastructure projects.

Logistics firm Gemadept (GMD) sees both revenue and profit up in 2023

Logistics firm Gemadept Corporation (Gemadept) plans to earn revenue of VND3.92 trillion, up 3 per cent compared to 2022 and profit before tax of VND1.14 trillion...

SABECO (SAB) in Forbes top 50 listed companies

On June 5, Forbes Vietnam unveiled the top 50 listed companies in 2023, including SABECO (Saigon Alcohol, Beer and Beverages Corporation), a leading brand name in...

Oil companies (PVS) see positive Q1, shares witness growth

In the context of the general market moving sideways, oil and gas stocks have gone against the trend to increase rapidly, which was supported by positive...


MOST READ


Back To Top