National Securities Incorporation announces the Resolution of General Meeting of Shareholders dated August 06, 2020 as follows:
1) Approving the plan to issue Corporate bonds:
- Issuer: National Securities Incorporation
- Securities type: non-convertible bond, secured and no warrants
- Bond name: National Securities Incorporation Bond
- Bond code: N – BOND
- Par value: VND 100,000,000/bond
- Expected issue volume: 1,000 bonds
- Total value (based on par value): VND 100,000,000,000
- Bond term: 12 months
- Interest payment: 10.5%/year
- Interest payment term: Once every six months
- Issuance form: private placement
- Issue time: expected in Q3.2020
- Issuance agent: VietABank.
2) Approving the purpose of use of the proceeds from the offering:
Total proceeds from the offering will be used to supplement funds for the company’s business operating.