On October 28, 2020, the Board of Members of ACB Securities Company Ltd. (ACBS) decided to adjust the purpose and plan for using the proceeds from the private placement of bonds in 2020 as follows:
No.
Estimated value
Estimated time
Purpose
1
Phase 1: from 300 billion dongs to 450 billion dongs. Offered 346 billion dongs.
From 04/27/2020 to 07/22/2020 (no more than 90 days)
To increase capital for business operation: to pay for bonds due to maturity and lend margin trading loans.
2
Phase 2: 154 billion dongs
From 11/04/2020 to 11/30/2020 (no more than 90 days)