PDR: Notification of the SSC’s letter regarding the report on the share issuance to convert debts of PDR

The letter from the State Securities Commission (SSC) confirms the report documents for the share issuance of Phat Dat Real Estate Development Joint Stock Company (PDR) aimed at debt conversion. PDR outlined detailed information related to this share issuance. The purpose is to enhance the company’s financial capacity and resolve its debt obligations. Conditions and processes related to debt conversion were clarified in the report to ensure compliance with current legal regulations. The SSC requested that PDR properly perform necessary procedures to complete the share issuance process, while emphasizing the importance of publicly informing investors and the market.