TCG Solutions Pte. Ltd. made an offer to acquire an unknown majority stake in Bien Hoa Packaging Company (HOSE:SVI) on April 3, 2020. Thai Containers Group Company Limited, parent of TCG Solutions Pte. Ltd., will send a letter of intention to acquire shares to Bien Hoa Packaging Company board of directors for a general shareholders’ meeting to approve the acquisition of a stake more than 25% without the required mandatory tender offer. The transaction is subject to all other related regulations.