Joint Stock Company Far-Eastern Generating Company made an offer to acquire remaining 5.85% stake in Public joint stock company FAR-EASTERN ENERGY COMPANY (MISX:DVEC) on August 5, 2020. As per the offer, Joint Stock Company Far-Eastern Generating Company will pay RUB 0.92 per share. On August 20, 2020, The board of PJSC RusHydro board of Directors approved RusHydro Groups Long-term development program for 2020-2024. The Groups key goals include increase of Companys share price, development of generation facilities, improvement of management efficiency of the Far Eastern assets, development of the Far Easts power system, improvement of investment and operational efficiency, transparency and further development of human capital. The shareholders of Public joint stock Company FAR-EASTERN ENERGY COMPANY has 70 days to make decision on offer.