Thu Duc Housing Development Corporation (THUDUC HOUSE) announces the result of conversion of TDH41029 bonds in Phase 2 dated November 15, 2013 as follows:
I. Information on the convertible bond
TDH41029:
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Bond name: Convertible Bond of Thu Duc Housing Development
Corporation
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Bond code: TDH41029
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Par value: VND100,000/bond
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Issue date: November 17, 2010
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Due date: November 17, 2013
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Issue volume: 2,088,731 bonds
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Number of bonds converted: 48,011 bonds
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Number of outstanding bonds: 2,040,720 bonds
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Interest rate: 7%/year
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Record date: October 10, 2013
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Date for compulsory delisting: October 11, 2013
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Conversion date: November 15, 2013
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Conversion rules:
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Bondholders have the rights to convert 100% of their bonds.
+
If bondholders do not implement the conversion of 100% of
their bonds on November 15, 2013, the company will refund principal as total
value of their bonds.
+
Conversion price: VND22,014/share
+
Conversion ratio: 1:4.542563
(01 bond will be converted into 4.542563 shares)
+
Number of bonds allowed to be converted in the second phase
– November 15, 2013: 2,040,720 bonds.
II. Result of bond conversion:
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Number of bonds have the rights to convert: 2,040,720 bonds
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Number of bonds converted: 12,622 bonds
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Total par value of bonds converted: VND1,262,200,000.
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Number of remaining bonds after conversion: 2,028,098 bonds
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Total par value of remaining bonds: VND202,809,800,000.
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The number of bonds converted accounts for 0.62% of the
number of bonds allowed to be converted in the second phase of 2013.
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Name of stock converted from bonds: Stock of Thu Duc Housing
Development Corporation
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Stock code: TDH
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Par value: VND10,000/share
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Number of shares increased after conversion: 57,334 shares
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Total par value of shares increased: VND573,340,000
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Charter capital before conversion: VND380,930,290,000.
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Charter capital after conversion: VND381,503,630,000.
