The Board resolution dated October 27, 2022, the BOD of Mien Dong Joint – Stock Company approved the cancellation of bond issuance that approved by the Board resolution dated July 22, 2022. Details are as follows:
- Par value: VND1,000,000/bond
- Issuance volume: 70,000,000,000 dongs
- Interest rate: 12%/year
- Issuance method: private placement
- Bond term: 03 years
Reason for cancellation: Due to objective conditions, the bond issuance is not suitable for the current market situation.