HQC: Report on the result of bond conversion On May 23, 2017, the Board of Directors of Hoang Quan Consulting – Trading – Service Real Estate Corporation approved the result of bond conversion as follows:
1. Information on bond:
- Bond name: Convertible bond of Hoang Quan Consulting – Trading – Service Real Estate Corporation
- Par value: VND100,000/bond
- Offering volume: 5,000,000 bonds
- Offering value: VND500 billion
- Issue price: 100% par value
- Bond term: 01 year
- Issue date: May 20, 2016
- Maturity date: May 20, 2017
- Interest rate: 06%/year
- Interest payment date: from May 20, 2017 to December 30, 2017
- Interest payment period: 12 months
- Conversion ratio: 1:10 (01 bond will be converted into 10 common shares)
2. Result of bond conversion:
- Record date for bond conversion: May 20, 2017
- Number of converted bonds: 5,000,000 bonds
- Conversion price: VND10,000 /share
- Total par value of converted bonds: VND500 billion
- Number of distributed shares: 50,000,000 shares
- Number of remaining bonds: 0
- Charter capital before conversion: VND4,266,000,000,000
- Charter capital after conversion: VND4,766,000,000,000
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