Home Companies

TPBank (TPB) pays $170 million to repurchase premature bonds

May 31st at 17:06
31-05-2023 17:06:12+07:00

TPBank (TPB) pays $170 million to repurchase premature bonds

Hanoi Stock Exchange (HNX) has announced the results of early bond redemption transactions of Tien Phong Commercial JSC (HoSE: TPB).

A customer making a transaction at an office of TPBank. — Photo courtesy of TPBank

From May 15 to 25, TPBank bought VND4 trillion (US$170 million) of outstanding bonds.

While the bond TPBL2124003 was issued in 2021 and is expected to expire in 2024, the rest, which are TPBL2225001, TPBL2225002, TPBL2225003, TPBL2225004, and TPBL2225005, were issued in May 2022, and are due in May 2025.

The State Bank of Vietnam (SBV) approved TPBank to expand its charter capital up to nearly VND6.2 trillion through the issuance of common shares to enhance share capital in the equity, following the authorised plan in the Annual General Meeting of Shareholders 2023.

Previously, TPBank's 2023 General Meeting of Shareholders approved the plan to increase charter capital by issuing nearly VND620 million shares to pay dividends to shareholders, equivalent to a rate of 39.19 per cent. The expected release time is in 2023. 

Bizhub

RELATED STOCK CODE (2)

NEWS SAME CATEGORY

Vinamilk (VNM) dairy facilities certified carbon-neutral
COMPANIES May 30th at 13:49

Vinamilk (VNM) dairy facilities certified carbon-neutral

Vietnamese dairy giant Vinamilk had its first dairy factory and farm, which are located in Nghe An Province, north-central Vietnam, certified carbon-neutral...

Fertiliser businesses  (DCM) see profit drop on ailing selling prices and rising costs
COMPANIES May 26th at 10:02

Fertiliser businesses  (DCM) see profit drop on ailing selling prices and rising costs

Falling selling prices and rising costs have caused the profits of most fertiliser businesses to plunge, after recording high profits in the previous few years.

Experts suggest caution regarding investments in realty stocks (NDN)
COMPANIES May 24th at 13:16

Experts suggest caution regarding investments in realty stocks (NDN)

Given the recent strong gains of many real estate stocks, experts said that there is still room for rallies, but investors need to carefully consider before taking...

SHB completed 50 per cent shares transfer to Krungsri Bank of Thailand
COMPANIES May 23rd at 20:51

SHB completed 50 per cent shares transfer to Krungsri Bank of Thailand

SHB on Tuesday officially announced it successfully completed the transfer of the first 50 per cent of charter capital at SHBank Finance Company Limited (SHB...

Listed textiles enterprises (TCM) face negative prospects this year
COMPANIES May 23rd at 08:45

Listed textiles enterprises (TCM) face negative prospects this year

Many textile companies are struggling as they have to reduce employees due to shrinking revenues.

Many businesses (KTS) taste sweet success due to high price of sugar cane
COMPANIES May 17th at 13:45

Many businesses (KTS) taste sweet success due to high price of sugar cane

Closing the third quarter of the 2022 - 2023 crop year, the sugar industry achieved brighter business results than expected because the global sugar price rose to...

Loan interest expenses erode the profits of agricultural enterprises (VHC)
COMPANIES May 15th at 08:01

Loan interest expenses erode the profits of agricultural enterprises (VHC)

The difficult market, coupled with a sharp increase in loan interest expenses, caused the profits of many agriculture enterprises to fall in the first quarter of...

HDBank (HDB) announces May 30 record date for 10% cash dividend
COMPANIES May 13th at 13:29

HDBank (HDB) announces May 30 record date for 10% cash dividend

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) has announced a resolution by its board of directors to pay a dividend at a rate...

Bamboo Airways to raise charter capital to nearly US$1.3 billion
COMPANIES May 12th at 08:05

Bamboo Airways to raise charter capital to nearly US$1.3 billion

Bamboo Airways is planning to raise its charter capital to VND30 trillion (nearly US$1.3 billion) to restructure its debts and increase capital for its core and...

National Citizen Bank (NVB) to sell shares of Bamboo Airways
COMPANIES May 9th at 13:54

National Citizen Bank (NVB) to sell shares of Bamboo Airways

The National Citizen Joint Stock Commercial Bank (NVB) plans to sell 203 million shares of Bamboo Airways, equivalent to 11 per cent of the airline's current...

Read More

MOST READ

Back To Top