On July 12, 2022, the BoD of Transport and Industry Development Investment Joint Stock Company approved to issue shares for bond conversion as follows:
1. Information on the bond:
- Bond code: TCD-CB2020
- Issue volume: 250,000 bonds
- Par value: VND1,000,000/bond
- Bond term: 03 years
- Finish date of the offering: January 22, 2021
2. Plan for issuing shares for bond conversion:
- Stock name: Stock of Transport and Industry Development Investment Joint Stock Company
- Stock type: common stock
- Par value: VND10,000/share
- Conversion price: VND12,500/share
- Conversion ratio: 1:80 (A bond will be converted to 80 shares at VND10,000/share)
- Estimated issue volume: 20,000,000 shares
- Estimated issue value at the par value: VND200,000,000,000
- Restriction period: 03 years from the conversion date.
- Conversion date: July 22, 2022.