Bond redemption prior to maturity by issuer of all OCB12208 bonds under the terms and conditions stated in the Announcement of Bond Information of Orient Commercial Joint Stock Bank issued on 09/06/2022 (bond code: OCB12208), and Resolution No. 18/2022/NQ-HDQT dated 15/03/2022 of the Board of Directors approving the plan for issuing privately- placed bonds, non-convertible, and without cover warrants of OCB in 2022.
Specific content:
- Planned quantity of securities to be repurchased: the entire 500 bonds, equivalent to the face value of 500,000,000,000 dong
- Execution ratio: Redemption of all bonds from bondholders before maturity
Redemption price per OCB12208 bond = Bond face value + Bond interest from June 10, 2023 inclusive to June 10, 2024 exclusive = 1,000,000,000 + [(1,000,000,000 x 7.8%) x 366]/365 = 1,078,213,699 dong
- Date of payment for redemption: June 10, 2024
Orient Commercial Joint Stock Bank will exercise the right to repurchase all bonds  prior to maturity on the execution date, 10/06/2024. Bondholders must sell all their bonds to the issuer.
- Implementation venue:
+ For deposited securities, shareholders carry out selling procedures at the depository members where they have their depository accounts.  
+ For non-deposited securities, shareholders submit repurchase documents including the original Certificate of Bond Ownership to: Market Operations and Investment Department, Orient Commercial Joint Stock Bank, 6th Floor, The Hallmark Building (Tower A, Lot 1-13, Functional Area No. 1 - Thu Thiem New Urban Area), 15 Tran Bach Dang Street, Ward 3, Thu Thiem Ward, Thu Duc City, Ho Chi Minh City.
Deadline for submission: No later than 5:00 PM on 07/06/2024. Bondholders will receive the money on 10/06/2024 through transfer to the account registered with Orient Commercial Joint Stock Bank.
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, the Confirmation with Certificate of Authorization shall be sent to email of VSDC with digital signature). 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, 03/06/2024.
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.