On February 13, 2023, the BOD of Hang Xanh Motors Service Joint Stock Company approved to convert bonds into shares with details as follows:
- Stock name: Hang Xanh Motors Service Joint Stock Company
- Stock type: common stock
- Par value: VND10,000/share
- Convertible bond code: HAXH2223001
- Issue volume: 1,800,000 bonds
- Bond conversion volume into shares: 1,800,000 bonds
- Conversion price: VND12,000/share
- Conversion ratio: 12:100 (12 bonds will be converted to 100 shares)
- Stock issuance volume: 15,000,000 shares
- Issue value at the par value: VND150,000,000,000
- Conversion date: February 13, 2023.