Thu Duc Housing Development Corporation has reported on using the capital from the 2010 convertible bond issue:
1. Report on the bond issue:
- Bond name : Convertible bond of Thu Duc Housing Development Corporation
- Bond code : TDH41029
- Bond type : convertible bond
- Par value : VND100,000/bond
- Offering price : VND100,000/bond
- Bond term : 36 months
- Interest : 7%/year (paid every year, at the end of each period)
- Issue date : November 17, 2010
- Offering volume : 6,000,000 bonds
- Sold volume : 2,088,731 bonds
- Total proceeds from the offering: VND208,873,100,000.
2. Report on using the proceeds from the bond issue:
- The Corporation used the proceeds to invest the following projects:
+ Phuc Thinh Duc Complex Project: VND100 billion
+ Minh Khai Complex Project (Ha Noi City): VND100 billion
+ TDH – Phuoc Binh Building: VND4.8 billion
+ TDH – Phuoc Long Building: VND4 billion.
