Report on the result of public tender to purchase shares of Sao Ta Foods Joint Stock Company

The PAN Group
Report on the result of public tender to purchase shares of Sao Ta Foods Joint Stock Company



After completion of the public tender, The PAN Group reports on result of the public tender as follows:
I.Individuals/organizations making the public tender :
g)Organizations making the public tender : THE PAN GROUP JOINT STOCK COMPANY 
h)Trade name: The PAN Group
i)Charter capital: 1,361,016,300,000.00 VND
j)Headquarter: A1-9 VL3 Street, Vinh Loc 2 Industrial Zone, Long Hiep Ward, Ben Luc District, Long An Province, Vietnam
k)Tel: (0272) 3630218 Fax: : (0272) 3630217
l)Legal basis for business operation:
-Certificate of business registration No. 0301472704 first issued on 31/08/2005 by Ho Chi Minh city Department of Planning and Investment, and  amended 18th by Long An Department of Planning and Investment, on 04/01/2019.
-Main business line: Uncategorized finance-assistant services, details: Investment consulting (Excluding legal, financial, tax, audit, accounting and securities advice); Code: 6619 (Main).
-Main service: Invest in agriculture, fisheries and consumer food.
-Market share in the areas of operation of the company: No statistic.
-Total business capital: 7,604,999,098,024.00 VND (Total capital mentioned on the half –year consolidated audited financial statement of 2018 of The PAN Group).

II.Target company: SAO TA FOODS JOINT STOCK COMPANY
Security code: FMC, listed at Ho Chi Minh City Stock Exchange.
Charter capital: 402,000,000,000 VND
Number of shares: 40,200,000 shares
Par value: 10,000.00 VND/share
III.Number of shares held by the offeror in target company before transaction: 
Number of shares held by the offeror in target company before transaction: 13,328,000 shares.
Ownership proportion of shares held by the offeror in target company before transaction: 33.15% of total outstanding shares of Sao Ta Foods Joint Stock Company.
IV.Number/proportion of shares expected to be offered: 4,762,000.00 shares, equivalent to 11,85% of total outstanding shares of Sao Ta Foods Joint Stock Company.
V.Number of shares purchased in the public tender: 4,228,730 shares
VI.Number/proportion of shares held by the offeror in target company after transaction: 17,566,730 shares, equivalent to 43.67% of total outstanding shares of Sao Ta Foods Joint Stock Company

Long An, 17 January 2019
THE PAN GROUP

 

Please download the attached file: Bao cao ket qua CMCK_ FMC.pdf

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