ANNOUCEMENT ON THE AUCTION OF SCIC’S WHOLE SHARE BLOCK AT CIVIL ENGINEERING CONSTRUCTION CORPORATION NO.5 – JSC (CIENCO 5)
- Le Kim Chi
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ANNOUCEMENT ON THE AUCTION OF SCIC’S WHOLE SHARE BLOCK AT CIVIL ENGINEERING CONSTRUCTION CORPORATION NO.5 – JSC (CIENCO 5)
Based on the Decision No 337/QD-DTKDV dated 11/11/2019 of State Capital Investment Corporation (SCIC) regarding the approval of SCIC’s share divestment plan at CIENCO5 and Decision No 41A/QD-DTKDV dated 18/02/2020 by SCIC regarding the amendment to Article No 2 of the Decision No 337/QD-DTKDV dated 11/11/2019, SCIC would like to make the announcement of share divestment at CIENCO5 as below:
1.Share offering organization: State Capital Investment Corporation (SCIC)
Address: Floor 23, Charmvit Tower, No 117 Tran Duy Hung, Cau Giay district, Hanoi
Phone: (84-24) 3824 0703
2. Issue organization: CIVIL ENGINEERING CONSTRUCTION CORPORATION NO.5 – JSC (CIENCO5)
Address: No 77, Nguyen Du street, Thạch Thang ward, Hai Chau district, Da Nang district
Phone: (84-236) 389 4414
Business line: Civil road construction
Chartered Capital: 439.000.000.000 VND
3. Conditions to attend auction: All investors meeting requirements according to the Auction Regulation of SCIC’s sale of a single block of shares atCienco 5 issued by SCIC
4. Auction organization: Hanoi Stock Exchange (HNX) – address: No 02 Phan Chu Trinh street, Hoan Kiem district, Hanoi
5. Adviser: Petrovietnam Securities Incorporated (PSI)
6. Shares on offer:
- Type of share: Ordinary shares, available to exchange
- Number of shares to be auctioned: 17.560.000 shares (equivalent to 40% of total number of the company’s share outstanding)
- Par value: 10.000 VND/share
- Starting Price: 19.300 VND/share.
- Step-up price: 100 VND/share
- Satisfactory bidding price: the price for 01 (one) share, at the rate of equal or higher starting price)
- Deposit Condition: 10% of value of the whole share block by the auction’s starting price.
- Auction Method: Public auction of the whole block; specifically each investor are obliged to register and buy the whole share block.
7. Information Announcement: since 28/02/2020 on Securities Investment News, Urban Economics News ,Da Nang News and on websites of HNX, SCIC, PSI, CIENCO5.
8. Time, Place of offering register form and deposit submission:
- Time: Since 02/03/2020 to 16h00 of 17/03/2020
- Place: Hanoi Stock Exchange – No 02 Phan Chu Trinh, Hoan Kiem District, Hanoi
9. Auction Registration Form Submission:
- Time: Latest as 09h30 of 20/03/2020
- Venue: HNX – Số 02 Phan Chu Trinh, Hoan Kiem District, Hanoi
10. Auction :
- Time: Starting since 10h00 of 20/03/2020
- Venue: HNX – Số 02 Phan Chu Trinh, Hoan Kiem District, Hanoi
11. Time to submit share payment: Since 20/03/2020 to 26/03/2020
12. Time to deposit return: According to the Auction Regulation
Note: Investors attending share auction can receive the information disclosure and auction regulation on websites: www.scic.vn, www.cienco5.vn, www.psi.vn, www.hnx.vn