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:
-
Bond name: Convertible Bond of Thu Duc Housing Development
Corporation
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Bond code: TDH41029
-
Par value: VND100,000/bond
-
Issue date: November 17, 2010
-
Due date: November 17, 2013
-
Issue volume: 2,088,731 bonds
-
Number of bonds converted: 48,011 bonds
-
Number of outstanding bonds: 2,040,720 bonds
-
Interest rate: 7%/year
-
Record date: October 10, 2013
-
Date for compulsory delisting: October 11, 2013
-
Conversion date: November 15, 2013
-
Conversion rules:
+ 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:
-
Number of bonds have the rights to convert: 2,040,720 bonds
-
Number of bonds converted: 12,622 bonds
-
Total par value of bonds converted: VND1,262,200,000.
-
Number of remaining bonds after conversion: 2,028,098 bonds
-
Total par value of remaining bonds: VND202,809,800,000.
-
The number of bonds converted accounts for 0.62% of the
number of bonds allowed to be converted in the second phase of 2013.
-
Name of stock converted from bonds: Stock of Thu Duc Housing
Development Corporation
-
Stock code: TDH
-
Par value: VND10,000/share
-
Number of shares increased after conversion: 57,334 shares
-
Total par value of shares increased: VND573,340,000
-
Charter capital before conversion: VND380,930,290,000.
-
Charter capital after conversion: VND381,503,630,000.