Phuong Nam Education Investment and Development JSC (HNX: SED) announced its principal shareholder transaction notice as follows:
- Name of issuer: Phuong Nam Education Investment and Development JSC
- Stock code: SED
- Name of principal shareholder: Thien Hoa Financial Investment JSC (Thien Hoa Co.)
- Position: Principal shareholder
- Securities type: Common stock
- Number of shares held by the principal shareholder before transaction: 826.100 shares (10.3%)
- Nature of transaction: Through negotiation or continuous order matching
- Number of shares to be disposed: 400,000 shares
- Purpose of transaction: Restructure investment
- Expected date of transaction: From 13/12/2011 to 06/02/2012.