With the goal of supplementing working capital, serving production and business, focusing on the main production lines, cutting down the maximum of financial capital investment, MobiFone Telecom Corporation decided to conduct stock transfer at Tien Phong Commercial Joint Stock Bank for the 3rd time.

 

1. Stock: TPB

2. Number of shares: 7,110,271 shares (In words: Seven million, one hundred and ten thousand, two hundred and seventy-one shares).

3. Starting price of offering: not lower than 20,7750 VND/ share (the price is assessed in the Valuation Certificate No. 3152/ CT-VVFC/ BAN3 dated March 15, 2019 of the Valuation Company and Vietnam financial services) and the average reference price of 30 consecutive trading days on the stock market immediately before the announcement date of the sale of TPB shares. As follows:

  • If the average reference price is 30 consecutive trading days on the stock market before the announcement date of selling TPB shares is lower than 20,750 VND/ share, the starting price of offering is 20,750/ share.
  • If the average reference price of 30 consecutive trading days on the stock market before the announcement date of selling TPB shares higher than 20,750/ share, the starting price of offering is the average reference price of 30 consecutive trading days on the stock market before the announcement date of information.

4. Offer form: Offer by negotiating and by continuous ordering matching method at Ho Chi Minh Stock Exchange

5. Subjects: Investors who are eligible to buy in accordance with securities and market

6. Expected implementation time: April 2019 to September 2019.

 

Tien Phong Commercial Joint Stock Bank (“TPBank” for short) was established on May 5th, 2008. TPBank has inherited the advantages of modern technology, market experience and financial potential of strategic shareholders including: DOJI Jewelry and Gold Group, FPT Technology Group, and International Finance Company (IFC), Vietnam Reinsurance Corporation (Vinare) and SBI Ven Holding Finance Group Pte. Ltd., Singapore.