SSI: Bond issuance
Sai Gon Securities Inc. (SSI) has informed of the method of bond issuance as follows:
“The number of bond SSICB0206 owned by foreign investors does not exceed 49% of total number of bond SSICB0206 which was issued.
The number of bond SSICB0306 owned by foreign investors does not exceed 49% of total number of bond SSICB0306 which was issued.
Foreign investors are highly recommended to refer to ownership rate of foreign investors for each kind of bonds issued by SSI on its website before trading convertible bonds.”
This regulation has been issued to protect benefit of investors when converting bonds into shares.
Till 9 am on July 7th 2008, foreign investors’ ownership rate of convertible bonds was 22.48% for two kinds of bonds as SSICB0206 and SSICB0306.
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