GEG12401: 4th Payment of Bond Interest (from 26/3/2025 inclusive to 26/6/2025 exclusive); Redemption before maturity
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date as follows:
1. Payment of Bond Interest
- Payment rate: 2,394,520.548 VND/bond.
+ The bond interest is calculated according to the formula: 100,000,000 (VND) x 9.5%/365 (days) x 92 days, rounded to 3 dp.
+ The actual bond interest received by bondholders will be rounded to the whole number (if the first decimal is equal to or greater than 5, it will be rounded up; if the first decimal is less than 5 then the fractional part will be removed)
- Payment date: 26/06/2025
- Payment place:
+ The holders whose shares have been deposited will receive bond interest at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive bond interest via bank account registered with Gia Lai Electricity Joint Stock Company on 26/06/2025
2. Redemption before maturity
- Expected number of securities to be redeemed: 100 bonds
- Execution rate: the number of redeemed bonds/the number of outstanding bonds: 100/1,000 (bondholder owning 10 bonds is entitled to sell 1 bond)
- Redemption price of each bond: 100,000,000 VND
- Payment time: 26/6/2025
- Redemption plan: bondholders are obligated to sell all their bonds back to the Issuer in accordance with the Issuance scheme and issuance information disclosure
- The number of bonds that each bondholder is obliged to sell back to the issuer on each periodic redemption date will be determined: the number of bonds redeemed on that periodic redemption date * the number of bonds that the bondholder is holding / the total number of outstanding bonds of the periodically redeemed bond code (which will be rounded down to the whole number).
- All bonds registered for resale by the bondholder will be cancelled after the issuer completes the redemption
- Example:
+ Bondholder A owning 11 bonds is entitled to sell 11 * (100/1,000) = 1.1 bond, rounded down to 1 bond. The issuer will redeem 1 bond and then cancel this bond.
+ The redemption amount paid by the issuer to bondholder A: 1 bond * 100,000,000 = 100,000,000 VND
- Payment place:
+ The holders whose securities have been deposited will make bond redemption procedure at the depository member where they opened depository account.
+ The holders whose securities have not been deposited will make bond redemption procedure at Gia Lai Electricity Joint Stock Company from 26/6/2025. ID cards or Business registration and power of attorney (if any) have to be presented.
Deadline for sending confirmation: by 10.30 am, 16/6/2025.
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs 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.
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43,683|6,150
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6
-
3,355
-
813
-
37
-
9,880,100