Wednesday, 12/10/2011 18:13

SCR: Result of plan of bonds private placement

Sai Gon Thuong Tin Real Estate JSC (HNX: SCR) announces the result of plan of bonds private placement as follows:

- Name of the issuer: Sai Gon Thuong Tin Real Estate JSC

- Name of bonds: Corporate bond of Sai Gon Thuong Tin Real Estate JSC

- Type of bonds: Not guarantee and convertible into products

- Convertible products: Flats/ villas/ houses/ land belong to the projects are owned by Sacomreal and subsidiaries

- Par value: VND 1,000,000,000

- Price: VND 1,000,000,000

- Total volume of bonds: 99 bonds

- Total value of bonds: VND 99,000,000,000

- Term: 18 months

- Coupon rate paid: Floating and adjusting every month. First month 17%/year, from the 2nd month to the end: Deposit account of 12 months rate of Sacomreal + 2.5%

- Purpose of issue: Invest for the projects: Resident area of North Ba Buom canal (Phu Thuan ward, No.7 district) and Arista Villas (Thu Duc district)

- Method of issue: Private placement

- Issue date: 06/10/2011

- Payment deadline: 06/10/2011

- Result of issue: Sold 99 bonds, therein:

+ Inviduals: 34 bonds

+ Institutions: 65 bonds.

HNX

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