HQC: Board approves the bond conversion

On May 18, 2017, the Board of Directors of Hoang Quan Consulting – Trading – Service Real Estate Corporation approved to convert bonds into shares as follows:

-          Bond name: Convertible bond of Hoang Quan Consulting – Trading – Service Real Estate Corporation

-          Par value: VND100,000/bond

-          Interest rate: 06%/year

-          Issue date: May 20, 2016

-          Maturity date: May 20, 2017

-          Offering volume: 5,000,000 bonds

-          Offering value: VND500 billion

-          Record date for bondholder list for bond conversion: May 20, 2017

-          Time for bond holders to register to convert bonds into shares: from May 20, 2017 to May 24, 2017

-          Time to convert bonds into common shares: within 07 business days from May 20, 2017

-          Conversion ratio: 1:10 (01 bond will be converted into 10 common shares)

-          Time to pay bond interest: from May 20, 2017 to December 30, 2017

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