The Board resolution dated September 24, 2020, the BOD of Transport and Industry Development Investment Joint Stock Company approved the plan to issue VND 500 billion bonds in the private placement. Details are as follows;

-          Expected bond term: 12 months and 01 day

-          Expected issue volume: 500,000 bonds

-          Par value: VND 1,000,000/bond

-          Total value: VND 500,000,000,000

-          Issue currency: VND

-          Bond type: non-convertible bond, secured and no warrants

-          Bond form: book entry

-          Expected nominal interest: 11%/year

-          Interest payment term: Once every three months.