VKT12101: Bond redemption before maturity
Viet Nam Securities Depository and Clearing Corporation (VSDC) - Hochiminh Branch would like to announce the record date as follows:
- Expected number of securities to be redeemed: 50 bonds
- Interest rate: 8.5%/year
- Execution rate: Number of securities redeemed/Total number of securities owned by the investor: 50/1,823
- Redemption price of each bond: VND 101,839,726.027
+ Redemption price of each bond is equal to 100% of the bond's par value plus unpaid accumulated interest from the most recent payment period to the redemptiondate from July 9, 2025 inclusive to September 26, 2025 exclusive) = 100,000,000 + (100,000,000 x 8.5% x 79 (days)/365 (days)), rounded to 3 decimal places;
+ The total value of bonds redemption before maturity actually received by bondholders will be rounded to the whole number (if the first decimal digit is equal to or greater than 5, the number will be rounded up, if the first decimal digit is less than 5, the decimal part will be canceled).
- Redemption payment date: 26/09/2025.
- Principle of rounding, handling fractional share : The number of bonds redeemed from bondholders is determined according to the bond ownership ratio of that owner. For fractional bonds (if any) arising when allocating the right to sell bonds back, they are rounded down to the nearest whole number. For the number of fractional bonds formed, the Securities registering institution may decide to allocate them to bondholders for redemption.
All bonds registered for resale by Bondholders will be cancelled after the Securities registering institution completes the redemption.
For example: Bondholder A owns 200 bonds, he has the right to sell: 200*50/1.823 = 5.48 and according to the rounding down principle, Bondholder A has the right to sell back 5 bonds.
- There is not a deadline for registering to sell bonds back to the issuer. This is the case where the issuer finalized the list of holders of bonds registered at VSDC but investors do not register selling back bonds via VSDC. All redeemed bonds will be cancelled. Investors implement procedures for selling bonds back to the Securities Registering Institution.
- 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 make bond redemption procedure at VKT - Hoa An Solar Plant Joint Stock Company, No. 790, Provincial Road 927, Hamlet 8, Hoa An Commune, Can Tho City, no later than 4:00 p.m. on September 26, 2025. ID cards or Power of Attorney have to be presented.
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 VSDC's email). In case of non-acceptance due to data errors or discrepancies, DMs are requested to send the details of errors or discrepancies in writing for necessary correction.
Deadline for sending confirmation: by 10.30 am, 12/09/2025.
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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