On September 23, 2020, the Board of Directors of Ho Chi Minh City Development Joint Stock Commercial Bank approved some issues related to international convertible bonds as follows:

-          Approving contents of bond redemption;

-          Conversion time: after 12 months 01 day or until 59 months from the issue date;

-          Conversion price: not less than the Bank’s book value according to the latest financial statements. The estimated conversion price will be VND41,800 and may be adjusted by dilution events in the future.