TDR12203: Bond redemption before maturity
Viet Nam Securities Depository and Clearing Corporation (VSDC) - Hochiminh branch would like to announce the record date as follows:
- Number of bonds the Securities registering institution plans to redeem: 27,000 bonds.
- Interest rate: 9%/year
- Execution rate: 3:1 (Owners are entitled to sell 1 bond back for every 3 bonds they own)
- Redemption price of each bond: 100,369.863 VND:
+ Principal: VND 100,000
+ Unpaid accrued interest on the redeemed bond from 30/9/2025 inclusive to 15/10/2025 exclusive: 100,000 * 9% * 15 (days) / 365 (days) = VND 369,863.
- The total amount actually received by bondholders will be rounded up to the whole number (If the first decimal place is greater than or equal to 5, it will be rounded up, if the first is less than 5, the fractional part will be removed).
- Payment date: 15/10/2025
- Principle of rounding, handling fractional bonds: The number of bonds redeemed of bondholders is determined according to the bond ownership ratio of that holder. the fractional bonds (if any) arising upon right allocation will be rounded up to the whole number.
Example: Bondholder A owning 1,000 bonds is entitled to sell 100 x 1,000*1/3 = 333.3 and according to the above principle, bondholder A is entitled to sell back 333 bonds.
- There is not a deadline for registering to sell bonds back to the securities registering institution (as this is the case where the securities registering institution finalizes the list of bondholders registered at VSDC, but investors do not sell bonds through VSDC). The Securities registering institution will exercise the right to redeem bonds on the redemption date, and bond owners are obliged to resell the bonds they own to the Securities registering institution. All redeemed bonds will be cancelled.
- Payment place:
+ The holders whose securities have been deposited will receive interest and principle of bonds at the depository member where they opened depository account.
+ The holders whose securities have not been deposited will return the original Certificate of Ownership to the Securities registering institution and receive interest and principal of corporate bonds via the accounts that the owners have registered with Tandoland Joint Stock Company on 15/10/2025.
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, 26/09/2025.
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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44,442|6,228
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0
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3,511
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826
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37
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10,753,899