VIC: Information on international convertible bonds

Relating to the bond issuance and listing on the Singapore Exchange (SGX), on March 27, 2012, Vincom Joint Stock Company worked with Credit Suisse (Singapore) Limited and the two firms were unanimous to approve the following bond conditions:

1. Initial issue value: US$185 million
2. Additional options: a maximum of US$65 million under the decision of the Credit Suisse (Singapore) Limited within 30 days from the finish date.
3. Issue method: International bond
4. Bond term: 05 years
5. Due date: April 03, 2017
6. Bond type: Unsecured convertible bond 
7. Par value: US$100,000/bond
8. Issue volume: 1,850 – 2,500 bonds
9. Interest rate: 5%/year, paid every six months
10. Initial conversion price: VND112,200/share
11. Initial conversion ratio: 18,627.5 shares/bond basing on the initial conversion price.
12. Conversion price adjustment: the conversion price will be adjusted in cases such as: merger, stock split, or stock classification; profit or revenue capitalization; dividend; rights to buy stock, or options; issuing rights to buy stock at a price of 95% of market price, and other common dilution cases.
13. Transfer period: bonds can be converted as from the 41st day from the finish date or the issue date, depending on which date comes later until 10 days prior to the due date, except the case that bonds are repurchased, converted, sold or cancelled.
14. Exchange: Singapore Exchange Securities Trading Limited (the “SGX-ST”)

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