Duc Long Gia Lai Group JSC announced Decision No.13 dated January 19, 2015 regarding the private placement of bonds as follows:
Article
1: Approving a detailed plan for private
placement:
-
Issue volume: 5,000,000 bonds
-
Issue method: private
placement
-
Purpose: to increase the
working capital and invest in project
-
Par value: VND100,000
-
Total issue value based on
par value: VND500 billion
-
Issue price: VND100,000
-
Total issue value: VND500
billion
-
Interest rate: 0%
-
Term: 02 years
-
Conversion period:
Bondholders will receive converted shares on the maturity date or at least 01
year after the issue date.
-
Conversion price: not lower
than VND12,000.
-
Estimated offering time:
Quarter I.2015.
Article
2: Approving the investor in the private
placement: