Redemption of all OCB12214 bonds before maturity according to the Conditions and Terms in the Bond Information Documents of Orient Commercial Joint Stock Bank issued on 13/09/2022 (bond code: OCB12216) and Resolution No. 18/2022/NQ-HĐQT dated 15/03/2022 of the Board of Directors approved the Plan to issue privately-placed, non-convertible bonds, no-warrant linked bonds of OCB in 2022.
- Number of securities to be redeemed: 1,000 bonds, equals to bond face value of 1,000,000,000,000 VND
- Execution rate: all bonds
- Redemption price of each OCB12213 bond = Bond face value + Bond interest from 15/09/2023 inclusive to 16/09/2024 exclusive = 1,000. 000,000 + (1,000,000,000 x 6.3% x 367)/365 = 1,063,345,205.479 VND, rounded to 3dp
The total bond payment amount actually received by the bondholder will be rounded to the whole number (if the first decimal place is equal to or greater than 5, the number will be rounded up; if the first decimal place is less than 5, the fractional part will be removed).
- Payment date: 16/09/2024
Orient Commercial Joint Stock Bank will exercise the right to redeem all bonds before maturity on the redemption date of 16/09/2024. Bondholders must sell all of their bonds back to the issuer
- 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 send the redemption application including the original Certificate of bond ownership to the address: Market and Investment Operations 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, Quarter 3, Thu Thiem Ward, Thu Duc City, City. Ho Chi Minh.
Deadline for submitting documents by 17.00 pm, 13/09/2024. The owner receives money from the bond resale on 16/09/2024 by bank transfer to the account that the owner has 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 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, 06/09/2024.
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.