AS OF SEPTEMBER 01, 2020, THE ENTERPRISES SHALL PUBLISH INFORMATION BEFORE THE BOND ISSUE AT LEAST THREE (03) WORKING DAYS

04 NEW NOTEWORTHY REGULATIONS ON LABOR ACCIDENT AND OCCUPATIONAL DISEASE REGIME SHALL APPLY FROM SEPTEMBER 15, 2020
29/09/2020
DEADLINE FOR DECLARATION AND PAYMENT OF LICENSING FEES
30/09/2020

AS OF SEPTEMBER 01, 2020, THE ENTERPRISES SHALL PUBLISH INFORMATION BEFORE THE BOND ISSUE AT LEAST THREE (03) WORKING DAYS

Pursuant to Decree No. 81/2020/ND-CP issued by Government on July 09, 2020 and coming into effect from September 01, 2020:

– According to the new regulations, the issuer shall publish information before the bond issue for the investors registering for bond purchase and send the published information to the Stock Exchange at least three (03) working days before the planned date of organizing the bond issue, instead of publishing information at least ten (10) working days as previous regulation.

– In addition, for corporate bonds issued in multiple tranches, the publishing of information of the first and the following tranche of such bond issue shall be made before the tranche at least three (03) working days.

– One (01) type of documents is added by the Government with regard to submitting an enterprise’s bond issuance dossier: Bond purchase agreement includes the investor’s commitment to have fully accessed to information published before the bond issue and clearly understood risks incurred from bond purchase.

Best regards,