On January 10, 2024, the Board of Directors (BOD) of Thanh Thanh Cong – Bien Hoa Joint Stock Company (SBT) approved the plan for public issuance of convertible bonds scheduled for 2025. The issuance aims to raise funds to support the company’s production and business expansion activities. SBT plans to issue bonds worth up to 500 billion VND with a maturity of 5 years. The BOD believes that issuing convertible bonds will improve the capital structure and enhance financial capacity, while also providing investors an opportunity to participate in the company’s development. This bond features attractive conversion rates and competitive interest rates in the market. SBT is currently completing necessary procedures to execute the issuance in compliance with legal regulations.
Leave a Reply