According to the Board resolution dated November 27, 2020, the Board of Directors of Ha Do Group Joint Stock Company (hereinafter “the Company”) approved a plan for issuing non-convertible secured bonds without warrants to the public with the total value of VND250 billion.

The Board of Directors also approved a detailed plan for the allocation of proceeds from the bond issue as follows:

−        To raise the investment in Wind Power Plant No.7A in Ninh Thuan Province, under Ha Do Thuan Nam Wind Power Co., Ltd. (a subsidiary wholly owned by the Company) by a contributed capital of VND210 billion;

−        To raise the investment in Dak Mi 2 Hydropower Plant under Agrita Quang Nam Energy Joint Stock Company, a subsidiary of the Company by raising the charter capital of Agrita Quang Nam Energy Joint Stock Company by VND40 billion.