The State Securities Commission of Vietnam (SSC) granted a certificate for offering of covered warrant dated December 31, 2020 to VNDIRECT Securities Corporation as follows:

1)      Name of warrant: Warrant.HPG.VND.M.CA.T.2020.03  

2)      Name of underlying security: HPG

3)      Issuer of underlying security: Hoa Phat Group Joint Stock Company

4)      Quantity of warrants registered for offering: 4,000,000 warrants

5)      Conversion ratio: 2:1

6)      Warrant type (call/ put): call

7)      Warrant style: European-style

8)      Payment method for exercise of warrants: in cash

9)      Duration: 06 months

10)  Depository bank of collateral: Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Ha Thanh Branch.