Beijing Joyvio Zhencheng Technology Co., Ltd. made a public tender offer to acquire remaining 4.74% stake in Australis Seafoods S.A. (SNSE:AUSTRALIS) on February 28, 2019. In a related transaction, Beijing Joyvio Zhencheng Technology Co., Ltd. signed a stock purchase agreement to acquire 95.26% stake in Australis Seafoods S.A. (SNSE:AUSTRALIS) from Asesorías e Inversiones Benjamín S.A, Inversiones ASF Limitada, Inversiones Arlequin Dos Limitada and Inversiones Ruisenor Dos Limitada on February 28, 2019. Beijing Joyvio Zhencheng Technology Co., Ltd. will make a public tender offer within 10 trading days from the date of fulfillment of the conditions precedent to the public tender offer made pursuant to the stock purchase agreement. Beijing Joyvio Zhencheng Technology Co., Ltd or its designated subsidiary shall issue a public tender offer notice and make a public tender offer to purchase the remaining approximately 4.74% of the issued shares from the other shareholders of Australis Seafoods S.A. The offer will expire on July 26, 2019. Beijing Joyvio Zhencheng Technology Co., Ltd. completed the acquisition of an additional 4.57% stake in Australis Seafoods S.A. (SNSE:AUSTRALIS) on July 26, 2019. Following the acquisition, Beijing Joyvio Zhencheng Technology Co., Ltd. will hold 99.838% stake in Australis Seafoods S.A.