On November 08, 2021, Hang Xanh Motors Service Joint Stock Company announces the Resolution of Extraordinary General Meeting 2021 to approve the plan for the convertible bond issuance in the private placement with details as follows:

-          Issuer: Hang Xanh Motors Service Joint Stock Company

-          Bond name: HAXH2223001 bond

-          Bond code: HAXH2223001

-          Bond type: convertible bond and unsecured

-          Issuance method: private placement

-          Issuance form: book entry

-          Expected issuance value: VND180,000,000,000

-          Par value: VND100,000/bond

-          Issuance volume: 1,800,000 bonds

-          Term: 18 months from the issuance date

-          Issuance price: 100% par value

-          Nominal interest rate (estimated): 3%

-          Transfer restriction: 01 year from the ending date of the issuance.

-          Plan for using capital from the offering: total proceeds from the offering will be issued the following purposes:

+ To open a new Showroom in Can Tho;

+ To supplement working capital;

+ Other investment activities.