DXG: BOD resolution on the plan for convertible bond issuance

DXG: BOD resolution on the plan for convertible bond issuance

On April 10, 2019, the Board of Directors of C Dat Xanh Group Joint Stock Company approved the plan for private of placement of convertible bond as follows:

1. Approving the plan for the private placement of convertible bond:

• Bond name: DXG_CB_2019_01
• Bond type: convertible and unsecured bond
• Investor: KIS Securities & Investment Com Ltd
• Issue method: private placement
• Agent for registration and payment: Viet Capital Securities Joint Stock Company (VCSC)
• Issue value: VND234,000,000,000
• Issue currency: VND
• Bond form: book entry
• Par value: VND1,000,000,000
• Issue volume: 234 bonds
• Issue price: 100% par value
• Bond term: 05 years
• Convertible period: After 01 year from the finish date of the issue
• Issue time: expected in Q2.2019
• Interest rate: 7%/year
• Term of interest payment: once every 06 months.
• Convertible price: VND29,228/share
• These bonds will be restricted in 01 year from the issue date.

2. Approving the plan for stock issuance to investor:

• Stock type: common share
• Par value: VND10,000/share
• Converted bond value: VND234,000,000,000
• Number of shares to convert: equivalent to total value of bond issuance/convertible price

3. Approving the plan for the use of capital from the issue: After the finish of issue, total proceeds from the issue will be used to develop the land fund, supplement working capital and restructure the company’s capital resources.

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