SHB to converts 15m bonds

The management board of Saigon-Hanoi Commercial Joint Stock Bank (HNX-listed SHB) announced about converting the bonds. The bank also announced to de-list the SHB’s convertible bonds on Vietnamese stock markets.



In details, the company’s management board decided to convert 14,976,620 convertible bonds with par value of 100,000 dong per bond that SHB had issued in 2010 into 149,766,200 shares.



At the same time, the lender would cancel listing the convertible bonds with code of SHB410030 on the stock markets.

Tags: Vietnam business news, Vietnam companies

Posted by VBN on Mar 23 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry