Tender Offer Announced
Saigon National Bank (the "Bank") today announced that Mr. Hien Quang Do, currently its majority and largest shareholder, has commenced a tender offer to purchase all of the issued and outstanding shares of the Bank's common stock at a cash price of $0.15 per share (the "Tender Offer"). The Tender Offer and withdrawal rights will expire at 5:00 p.m., Pacific Time, on Thursday, October 15, 2015, unless the tender offer is extended or withdrawn in Mr. Do's sole discretion. The...
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