Thursday, 18/03/2021 11:08

MIG: Agreements with related parties

On March 15, 2021, the Board of Directors of Military Insurance Corporation (HOSE: MIG) approved to purchase Vinaconex’s bonds from Military Commercial Joint Stock Bank (HOSE: MBB) as follows:

-          Buying volume: 500 bonds

-          Buying value at par value: VND50 billion

-          Interest payment period: 03 months/time

-          Bond term: 37 months, issued in November 2019

-          Collateral: Green Diamond Tower at 93 Lang Ha

-          Collateral management unit: Military Commercial Joint Stock Bank

-          Estimated trading date: in March 2021.

HOSE

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