BID: BOD resolution dated September 22, 2021 The Board resolution dated September 22, 2021, the BOD of Joint Stock Commercial Bank for Investment and Development of Vietnam approved the following issues:
Article 1: Approving the amendment, supplement of the contents in the plan for the bond public offering in 2021 with details as follows:
1) Issuance time: QIII/2021 – QIV/2021, after being approved by the State Securities Commission of Vietnam (SSC).
2) Plan for using capital from the public offering: total proceeds from the offering in 2021 will be used to raise the bank’s working capital, making loans to the economy for the expected industries as follows
No.
|
Content
|
Plan for using capital (billion dongs))
|
Time for using capital
|
I
|
Phase 1
|
5,000
|
|
1
|
Production, electricity distribution, gas fuel, other power generation
|
2,500
|
QIII/2021 – QI/2022
|
2
|
Industry, industrial trade
|
500
|
3
|
Other fields
|
2,000
|
II
|
Phase 2
|
4,000
|
|
1
|
Production, electricity distribution, gas fuel, other power generation
|
2,000
|
QIV/2021 – QII/2022
|
2
|
Industry, industrial trade
|
500
|
3
|
Other fields
|
1,500
|
|
Total
|
9,000
|
|
3) Issuance method: direct issuance and/or agent
Article 2: Approving the registration to list the additional issued bonds on the Hanoi Stock Exchange (HNX).
HOSE
|