The Board resolution dated December 15, 2019, the Board of Directors of Fecon Corporation approved to plan to issue VND 100 billion bonds in the private placement. Details are as follows:

-       Bond name:  Fecon Corporation in 2019 Bond

-       Bond type: non-convertible, secured and without warrants

-       Issue currency: VND

-       Total value of issue: VND 100 billion

-       Bond term: 12 months

-       Issue method: private placement

-       Issue form: book entry

-       Bond transaction: within 01 year from the issue date

-       Par value: VND 100,000,000/bond

-       Issue time: in 2019

-       Issue price: 100% par value

-       Interest payment: 11%/year

-       Bond interest and principle payment method via agent

-       Issue guarantee Organization: Vietcombank Securities Company Ltd (VCBS)

-       Collateral management agent: Joint Stock Commercial Bank for Foreign Trade of Viet Nam

-       Depository and payment agent: Vietcombank Securities Company Ltd (VCBS).