08 July 2017

Resolution of BOD meeting on bond issuance

Dear shareholders,

Everpia JSC would like to provide the Resolution of BOD regarding the issuance of non - convertible secured corporate bond through private placement.

Accordingly, total nominal value is maximum 150,000,000,000 VND (In words: one hundred and fifty billion Vietnam dong./) with the details as follow:

Bond issue purposes	The Issuer would use the proceeds from the Bond issue for the following purposes: (i) Expanding the business operations, details as follows: - Payment of opening fees for new agents, showrooms; - Pay for upgrading agent fees, current showrooms; - Pay the cost of hiring a brand representative; - Pay for PR, Marketing; (ii) Investment in machinery and equipment, fixed assets for production and business activities
Subject of issue	Joint Stock Commercial Bank For Foreign Trade of Vietnam –Hung Yen Branch
Form and nominal value	Bonds are issued as book-entry securities. Bond will have a nominal value of VND 1,000,000,000 each.
Total Bond number	Maximum amount is 150 (one hundred and fifty) hundred Bonds
Offer price	100% of nominal value
Tenor of the Bond	05 (five) years from the issue date
Bond interest rate	First year: 7.5% /p.a.; The following years: the maximum of 12-month VND saving deposit rate for individual announced by Vietcombank + 1.7% /p.a.
Interest payment period	Every 06 months
Time for issue	In 2017

Attached file: Download

Yours sincerely,