- Number of securities to be redeemed: 1,100 bonds equal to 1,100,000,000,000 VND
- Execution rate: Mandatory bond redemption before maturity of all bonds (100%)
- Interest rate: 4.2%/year
- Redemption price of each bond = Bond face value + Bond interest from 31/05/2023 to 31/05/2024 exclusive = 1,000,000,000 VND + (1,000,000,000 VND x 4.2%/year x 366 days/365 days) = 1,042,115,068.49315 VND, rounded to 5 dp
- The redemption price will be rounded to the whole number (if the first decimal place is equal to or greater than 5, the number is rounded up; if the first decimal place is less than 5, the decimal part is removed).
- Payment date: 31/05/2024
- Ho Chi Minh City Development Joint Stock Commercial Bank will redeem all bonds before maturity on 31/05/2024 requested by bondholders. Bondholders are obligated to sell all the bonds they hold to the issuer. All redeemed bonds wil be canceled
- Payment place:
+ The holders whose securities have been deposited will make bond redemption procedure at the depository member where they opened the depository account.
+ The holders whose securities have not been deposited will make bond redemption procedure at Ho Chi Minh City Development Joint Stock Commercial Bank on 31/05/2024 via bank transfer to bondholders' accounts.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSDC with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSDC’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSDC's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 10.30 am, 24/05/2024.
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs and direct account holding members by VSDC accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 3 working days from the date on the notice.