Sao Ta Food Joint Stock Company (FMC Securities) has received a request for public offering of FMC shares from PAN Farm JSC.

PAN Farm is to buy more than 30% Sao Ta Foods Joint Stock Company stake for 23,000 VND / share

Specifically, PAN Farm plans to buy 11,887,200 shares of FMC, equivalent to 30.48% of total outstanding shares of Sao Ta Foods. Offer price is expected 23,000 VND / share. PAN Farm expects to spend about VND273.4 billion to buy from Sao Ta.