The Board resolution dated September 26, 2022, the BOD of Transport and Industry Development Investment Joint Stock Company approved to issue VND990 billion bonds in the private placement. Details are as follows:

-          Bond type: non-convertible bond, unsecured and without warrant

-          Bond term: 60 months

-          Issuance volume: 9,900 bonds

-          Total value of issuance (at par value): VND990,000,000,000

-          Par value: VND100,000,000/bond

-          Bond form: book entry

-          Interest rate (estimated):

+ For the first four interest periods: 11%/year

+ For next interest periods: sum of 4.0%/year and the reference interest rate

-          Term of interest payment: once every 03 months.