DXG: BOD resolution on the plan for convertible bond issuance

On April 10, 2019, the Board of Directors of C Dat Xanh Group Joint Stock Company approved the plan for private of placement of convertible bond as follows:

1. Approving the plan for the private placement of convertible bond:

  • Bond name: DXG_CB_2019_01
  • Bond type: convertible and unsecured bond
  • Investor: KIS Securities & Investment Com Ltd
  • Issue method: private placement
  • Agent for registration and payment: Viet Capital Securities Joint Stock Company (VCSC)
  • Issue value: VND234,000,000,000
  • Issue currency: VND
  • Bond form: book entry
  • Par value: VND1,000,000,000
  • Issue volume: 234 bonds
  • Issue price: 100% par value
  • Bond term: 05 years
  • Convertible period: After 01 year from the finish date of the issue
  • Issue time: expected in Q2.2019
  • Interest rate: 7%/year
  • Term of interest payment: once every 06 months.
  • Convertible price: VND29,228/share
  • These bonds will be restricted in 01 year from the issue date.

2. Approving the plan for stock issuance to investor:

  • Stock type: common share
  • Par value: VND10,000/share
  • Converted bond value: VND234,000,000,000
  • Number of shares to convert: equivalent to total value of bond issuance/convertible price

3. Approving the plan for the use of capital from the issue: After the finish of issue, total proceeds from the issue will be used to develop the land fund, supplement working capital and restructure the company’s capital resources.




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