Home Companies

SHS to issue $11.5 million in bonds

Jul 2nd at 13:38
02-07-2015 13:38:43+07:00

SHS to issue $11.5 million in bonds

Sai Gon-Ha Noi Securities Joint Stock Company (SHS) this year will issue VND250 billion (US$11.5 million) in bonds under private placement with a maturity of two years and a face value of VND1 billion ($46,300) each.

The interest rate for the bonds will run from 8.5 to 9.5 per cent per year in the first six months, and will follow the reference interest rate thereafter.

The company plans to issue bonds between the second and third quarters of this year in order to increase funds to create more loans for margin trading.

SHS this year plans to issue VND1-1.2 trillion ($46.3-55.5 million) of bonds in various packages.

bizhub

MOST READ

NEWS SAME CATEGORY

VOF starts to pay for Novaland stocks
COMPANIES Jul 1st at 14:12

VOF starts to pay for Novaland stocks

The close-ended VinaCapital Vietnam Opportunity Fund (VOF) has paid US$15 million towards acquiring convertible preferred stocks of Novaland Group under a...

Vinamilk proposes to reduce State ownership at enterprises
COMPANIES Jul 1st at 14:05

Vinamilk proposes to reduce State ownership at enterprises

Vietnam Dairy Joint Stock Company (Vinamilk) has proposed to reduce the State ownership at enterprises after equitisation to create conditions to increase their...

HAGL complex opens in Myanmar
COMPANIES Jun 26th at 11:14

HAGL complex opens in Myanmar

The first phase of the HAGL Myanmar Centre, a US$440-million trade centre, hotel and service office complex, was opened in Myanmar on June 23.

TCC issues securities fund certificates
COMPANIES Jun 25th at 13:51

TCC issues securities fund certificates

Techcombank Investment Fund Management Company (TCC) last Friday issued two fund certificates on the securities market - Techcombank Equity Investment Fund (TCEF)...

Partnership with local firms to help Malaysia cooking oil maker enter Vietnam
COMPANIES Jun 24th at 13:55

Partnership with local firms to help Malaysia cooking oil maker enter Vietnam

Vietnam’s largest confectionery Kinh Do Corp. is teaming up with a local logistics firm and a Malaysian agricultural company to set up a joint venture to produce...

Ocean Group loses $60.5 million in 2014
COMPANIES Jun 23rd at 14:15

Ocean Group loses $60.5 million in 2014

Ocean Group Joint Stock Company (OGC) reported a loss of VND1.319 trillion (US$60.5 million) in revenue in 2014 last Saturday when its annual shareholders' general...

Transport Ministry to sell SOE share lots
COMPANIES Jun 22nd at 13:58

Transport Ministry to sell SOE share lots

Deputy Prime Minister Vu Van Ninh on Tuesday approved a Ministry of Transport request to sell Government stakes in seven State-owned enterprises (SOEs) in the form...

HSG starts work on new steel plant, completes another
COMPANIES Jun 19th at 16:39

HSG starts work on new steel plant, completes another

Giant steel maker Hoa Sen Group (HSG) on Friday began construction of a giant plant in the Dong Hoi Industrial Zone in the central province of Nghe An.

HAI to offer 117m shares at VND10,000 per share
COMPANIES Jun 18th at 09:51

HAI to offer 117m shares at VND10,000 per share

HAI Agrochem Joint Stock Company (HAI) plans to organise an unsual shareholders meeting to issue 117 million shares at a low price of VND10,000 per share.

Pico yet to confirm Thai group's 49% stake
COMPANIES Jun 17th at 15:16

Pico yet to confirm Thai group's 49% stake

Although the local media has reported that Thailand's Central Group has purchased 49 per cent of Pico, the representatives of either party have yet to confirm the...

Read More

MOST READ

Back To Top