1. Name and nature of the target: 10-year subordinated financial bonds of Military Commercial Joint Stock Bank. 2. Date of occurrence: May 22, 115. 3. Date of board approval: Not applicable. 4. Other authorization: Authorized by the General Manager of Cathay Life Vietnam on May 22, 115. 5. Transaction volume, price per unit, and total transaction amount: 2,000 units, 100 million VND per unit, total 200 billion VND. 6. Transaction counterparty and relationship: Military Commercial Joint Stock Bank, no relationship. 7. Related party transactions: Not applicable. 8. Previous ownership within 5 years: Not applicable. 9. Disposal of receivables: Not applicable. 10. Profit/loss from disposal: Not applicable. 11. Payment terms and contractual restrictions: Paid at face value at maturity; the bank has a one-time opportunity to redeem at face value after 5 years. 12. Decision-making method: Private placement, face value, based on company authorization. 13. Net asset value of the target company: Not applicable. 14. Cumulative holdings: 12,650 units, 1.265 trillion VND. 15. Ratio to total assets: 66.5%. 16. Brokerage fees: None. 17. Specific purpose: Investment of life insurance funds under Vietnamese insurance laws. 18. Dissenting opinions: None. 19. Related party transaction: No. 20. Audit committee approval: Not applicable. 21. CPA reasonableness opinion: No adverse opinion. 22. CPA firm name: UHY Auditing and Consulting Company Limited. 23. CPA name: Pham Gia Dat. 24. CPA license number: No.0798-2023-112-1. 25. Change in business model: No. 26. Business model change explanation: Not applicable. 27. Transactions with counterparty in the past and next year: 400 billion VND in cumulative purchases of the bank's bonds in the past year; no plans for the next year. 28. Source of funds: Investable funds of the insurance industry. 29. Previous major disclosure date: Not applicable. 30. Other notes: None.

FACT BOX

  • Source: PR Times
  • Category: News
  • Dates in source: 115/5/22