KBC announces Resolution No. 0805/2023/NQ-HDQT of the BOD on the finalizing The list of shareholders to hold the 2023 Annual General Meeting of Shareholders
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Kinh Bac City Development Holding Corporation (HSX: KBC) would like to inform: Resolution No. 0805/2023/NQ-HDQT of the BOD on the finalizing The list of shareholders to hold the 2023 Annual General Meeting of Shareholders:
RESOLUTION OF THE BOARD OF DIRECTORS
(About:The holding of The 2023 Annual General Meeting of Shareholders )
THE BOARD OF DIRECTORS
KINH BAC CITY DEVELOPMENT HOLDING CORPORATION
- Pursuant to the Enterprise Law No. 59/2020/QH14 approved by the National Assembly of the Socialist Republic of Vietnam dated 17/6/2020 and its amendments, supplements, and implementation guidelines;
- Pursuant to the Business Registration Certificate No. 2300233993 first registered on 27/03/2002, registration for the 18th amendment on 05/7/2022 of Kinh Bac City Development Holding Corporation by the Department of Planning and Investment of Bac Ninh province;
- Pursuant to the current Charter of KinhBac City Development Holding Corporation;
- Pursuant to the Minutes of the Board of Directors meeting No. 0805/2023/KBC/BB-HDQT dated 08/05/2023 on the holding of 2023 Annual General Meeting of Shareholders.
DECISION
Article 1: Approving the holding of The 2023 Annual General Meeting of Shareholders of Kinh Bac City Development Holding Corporation:
The Corporation's Board of Directors unanimously approved the plan to hold the 2023 Annual General Meeting of Shareholders of Kinh Bac City Development Holding Corporation with the following details:
1. Finalizing the list of shareholders to conduct he 2023 Annual General Meeting of Shareholders in accordance with the provisions of law and the current Charter of the Corporation.
2. The record date: 29/05/2023.
3. Estimated implementation time: The Board of Directors will notify specifically in writing.
4. Location and form of meeting: The Board of Directors will notify specifically in writing.
5. Expected contents of the meeting: (i) Approval of the report on the operation situation in 2022 and the operation plan in 2023 of the Board of Directors and the Board of Management; (ii) Approve the Report on supervision activities in 2022 of the Supervisory Board; (iii) Approving the audited financial statements for 2022; (iv) Approving the plan to select an auditing unit for the 2023 financial statements and (v) Other relevant contents under the authority of the General Meeting of Shareholders.
Article 2: Effectiveness
This Resolution takes effect from the date of signing.
The relevant members of the Board of Directors, the Board of Managers, the Supervisory Board and Heads of Departments/Provisions and individuals of Kinh Bac City Development Holding Corporation are responsible for the implementation of this Resolution./.
Recipients: - The BOD; - The BOM, BS; - Stored: Admin. | ON BEHALF OF THE BOARD OF DIRECTORS CHAIRMAN (signed and stamped) DANG THANH TAM |
KBC announces the Announcement No. 1904-1/2023/KBC-TB on The record date to exercise the right to early redeem Bond KBC121020
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Kinh Bac City Development Holding Corporation (HSX: KBC) would like to inform:
(Promulgated with the Regulation on the exercise of rights for securities owners)
Form 07/THQ
KINH BAC CITY DEVELOPMENT HOLDING CORPORATION | SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom - Happiness |
No: 1904-1/2023/KBC-TB About: Exercising the right to redeem bonds before maturity | Bac Ninh, April 19th, 2023 |
ANNOUNCEMENT
(About the record date to exercise the right to redeem bonds before maturity
of bond code KBC121020)
To: Vietnam Securities Depository;
Hanoi Stock Exchange.
Issuer name: Kinh Bac City Development Holding Corporation
Trading name: Kinh Bac City Development Holding Corporation
Head office: Lot B7 Que Vo Industrial Park, Phuong Lieu Commune, Que Vo District, Bac Ninh Province, Vietnam
Tel: 84222 634034 Fax: 84222 634 035
We would like to notify Vietnam Securities Depository (VSD) ofthe record date to finalize the list of holders for the following securities:
Securities name: Bond of Kinh Bac City Development Holding Corporation
Securities code: KBC121020
Securities type: Corporate Bond
Trading par value: 100,000 VND (In words: One hundred thousand VND)
Trading exchange: HNX
The record date: 04/5/2023
1. Reason and purpose
- Early bond redemption
2.Contents
Early redemption of corporate bond
- Volume of bonds to be redeemed by the issuer: 7,500,000 bonds (In words: Seven million five hundred thousand bonds), equivalent to par value: 750,000,000,000,000 VND (In words: Seven hundred and fifty thousand billion VND).
- Redemption interest rate: 10.8%/year
- Redemption rate: 50% (2:1), (A bondholder of 02 bonds is entitled to resell 01 bond)
- Redemption price for each bond KBC121020 = Par value + Interest earned from 24/12/2022 inclusively to 24/05/2023 exclusively (151 days of interest calculation) = 100,000 + (100,000*10 .8%*151/365) = 104,467.95 VND.
- The redemption price for each bond KBC121020 shall be rounded to one unit (if the first decimal is equal to or greater than 5, the number is rounded up, if the first decimal is less than 5, the decimal is removed).
- The rounded redemption price for each bond is: 104,468 VND.
- Payment date: 24/5/2023
- Handling in case at the end of the sale registration period, the bondholders only partially register or do not register to sell, they can only sell the exact number of bonds registered for sale, the number of bonds not registered for sale will lose the right to sell in this acquisition. The number of redeemable bonds is determined according to the actual number of bonds that bondholders have actually registered to sell.
- All redeemed bonds shall be blocked and removed.
- For example: Bondholder A has 20 KBC121020 bonds, so he has the right to sell 50%* 20 = 10 KBC121020 bonds, but the bondholder only registers to sell 7 bonds, then:
- KBC will buy back 7 bonds, at the same time, block and remove 7 purchased bonds.
- The redemption amount paid to bondholder A is: 7 x 104,468 VND = 731,276 VND.
- Time to register to sell bonds to the issuer: From May 11/5/2023 to 15/5/2023.
- Implementation Location:
- For depository securities: Bondholders carry out procedures to sell bonds at depository members where depository accounts are opened.
- For undeposited securities: Bondholders carry out procedures to sell bonds at An Binh Securities Joint Stock Company, Address: 16th Floor, Geleximco Building, 36 Hoang Cau Street, O Cho Dua Ward, Dong Da District, Hanoi City from 11/5/2023 to 15/5/2023 and present:
- For individual holders: Present ID and Certificate of Bond Ownership (original)
- For organizational holders: Present the introduction letter, legal documents, valid power of attorney, ID of the referrer; Certificate of bond ownership (original).
VSD is requested to prepare and send to our Company the list of securities holders at the above-mentioned record date to the following address:
- Address to receive List (hard copy): Lot B7 Que Vo Industrial Park, Phuong Lieu Commune, Que Vo District, Bac Ninh Province, Vietnam
- Email address to receive data files:quynhttp@gmail.com
We commit that the information about the owners in the list will be used for the right purposes and comply with the regulations of VSD. Our company will be fully responsible before the law if there is a violation.
Recipients: - As above; - Stock Exchanged; - Stored | LEGEL REPRESENTATIVE (signed and stamped) Dang Thanh Tam |
Kinh Bac City Development Holding Corporation would like to inform: the payment of principle and interest of bonds in the first quarter of 2023:
Pursuant to the current regulations on information disclosure on the securities market, KinhBac City Development Holding Corporation (KBC) would like to disclosure informationon the payment for entire principle and interest of the bonds in the first quarter of 2023 as below:
As at January 1, 2023, total outstanding balance of KBC’s bond was 3,900 billion VND. In which, 2,4000 billion VND was private placement bond and 1,500 billion VND was public offering bond. In the context of capital market facing many difficulties, especially bond market losing confidence in investors, the Board of Directors has implemented the strategy on prioritizing to use all financial resources to make payment on time and early redemption entire outstanding bonds to maintain confidence for investors, partners and customers.
Therefore, in the first quarter of 2023, KBC implemented the procedures on payment on time and early redemption for private placement bonds with the total amount of 2,400 billion VND.
ü Payment on time for KBCH2123001 with the maturity date on February 22, 2023, with the amount of 400 billion VND
ü Early redemption for KBCH2123002 with the maturity date on June 3, 2024, with the amount of 1,000 billion VND. The payment completion was on April 5, 2023
ü Early redemption for KBCH2124003 with the maturity date on November 11, 2024, with the amount of 1, 000 billion. The payment completion was on March 31, 2023.
For public offering bond - KBC121020 with the maturity date on June 24, 2023, with the amount of 1,500 billion VND, KBC has been preparing ready-capital to make the payment on time or early redemption.
Thus, up to now, KBC has completely assured of its ability to pay debts, ensured the benefits for the Company’ s all investors, partners, and concentrated resources on investing in new and large industrial parks which has been approved for KBC and its subsidiaries. The Board of Directors would like to thank for the accompanying of investors and partners.
3. This information was published on the company's website on April 6, 2023 at the link http://www.kinhbaccity.vn.
We hereby certify that the information provided is true and correct and we bear the full responsibility to the law.
Attachments: Full document of section 2 | On behalf of KINH BAC CITY DEVELOPMENT HOLDING CORPORATION Authorized person to disclose informaion Chairman (signed and stamped) Dang Thanh Tam |
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