NOTICE OF SHARE AUCTION BY VIETNAM NATIONAL CHEMICAL GROUP IN FRANCE–VIETNAM SORBITOL JOINT STOCK COMPANY
(Pursuant to Decision No. 416/QĐ-HCVN dated November 4, 2025 of the Members’ Council of Vietnam National Chemical Group regarding the approval of the enterprise valuation results and the capital transfer plan for the investment of Vietnam National Chemical Group in France–Vietnam Sorbitol Joint Stock Company)
1. Transferor (Capital Owner):
Vietnam National Chemical Group
Address: 1A Trang Tien Street, Cua Nam Ward, Hanoi
Tel: +84 24 3933 0076
2. Enterprise in which the State-owned capital is being transferred:
France–Vietnam Sorbitol Joint Stock Company
Tax Code: 3900914957
Address: Tan Hoi 1 Industrial Cluster, Hoi An Hamlet, Tan Hoi Commune, Tay Ninh Province, Vietnam
Tel: +84 276 385 6789
3. Main Business Lines:
Manufacture of starch and starch-based products
Charter Capital:
VND 165,042,063,000
(One hundred sixty-five billion forty-two million sixty-three thousand Vietnamese dong)
Capital held by Vietnam National Chemical Group (at par value):
VND 71,261,030,000
Equivalent to 43.18% of the charter capital of France–Vietnam Sorbitol Joint Stock Company
Eligibility for Auction Participation:
All investors meeting the conditions stipulated in the Share Auction Regulations for the capital invested by Vietnam National Chemical Group in France–Vietnam Sorbitol Joint Stock Company, issued by the Ho Chi Minh City Stock Exchange.
Auction Organizer:
Ho Chi Minh City Stock Exchange
4. Shares Offered for Sale:
- Type of shares: Ordinary shares, freely transferable
- Par value: VND 10,000/share
- Total number of shares offered: 7,126,103 shares, representing 43.18% of the charter capital
- Transfer method: Public auction
- Starting price: VND 14,200/share
(Fourteen thousand two hundred Vietnamese dong per share) - Bid increment: VND 100
- Bid lot size: 1 share
- Deposit ratio: 10% of the total value of the registered shares, calculated based on the starting price
Registration and Deposit Payment:
- Time: From 08:00 on November 24, 2025 to 16:00 on December 3, 2025 (business days)
- Location: At auction agents announced in the auction regulations issued by the Ho Chi Minh City Stock Exchange
VIX Securities Joint Stock Company
22nd Floor, 52 Le Dai Hanh Street, Hai Ba Trung Ward, Hanoi
Submission of Auction Participation Form:
Investors shall submit the Auction Participation Form directly at the auction agents announced in the auction regulations issued by the Ho Chi Minh City Stock Exchange no later than 15:00 on December 9, 2025.
Auction Organization:
- Auction opening time: 15:00 on December 11, 2025
- Venue: Ho Chi Minh City Stock Exchange
- Address: 16 Vo Van Kiet Street, Ben Thanh Ward, Ho Chi Minh City
Payment Period for Share Purchase:
From December 12, 2025 to December 18, 2025
Deposit Refund Period:
From December 12, 2025 to December 18, 2025
Investors participating in the share auction may obtain the Information Disclosure, Share Auction Regulations on the following websites:
(Pursuant to Decision No. 416/QĐ-HCVN dated November 4, 2025 of the Members’ Council of Vietnam National Chemical Group regarding the approval of the enterprise valuation results and the capital transfer plan for the investment of Vietnam National Chemical Group in France–Vietnam Sorbitol Joint Stock Company, the Group hereby announces the auction of shares in France–Vietnam Sorbitol Joint Stock Company (attached documents).)
Auction Notice: Share Auction Notice – Sorbitol
Auction Regulations: View Share Auction Regulations here
Access Documents: View Share Auction Dossier here
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