HANOI, April 4 (Reuters): Vingroup, Vietnam s biggest listed company, is seeking to raise US$500 million through its inaugural issue of international bonds this year to pay loans and pump up the capital of its subsidiaries, the company said.
The international fundraising plan has just been approved by Vingroup s shareholders, according to a company statement seen on Friday.
The bonds, which will be issued this year and listed on Singapore s stock exchange SGX, will have a tenor of five years and a fixed or floating coupon rate, or a combination of both.
Interest will be paid biannually with bonds being able to be converted into shares of Vinhomes, its real estate subsidiary.
YANGON, Jan 18 (Xinhua): Myanmar attracted investment capital of over US$ 348 million from permitted foreign enterprises in first quarter of the present fiscal year (FY) 2020-2021 starting October, according to figures issued by the Directorate of Investment and Company Administration (DICA) on Monday.
In the cited quarter of the current fiscal year, the Myanmar Investment Commission (MIC) gave the go-ahead to 23 foreign investment enterprises.
During the period, the manufacturing sector attracted most investment capital with over 158 million U.S. dollars, followed by the hotel and tourism sector with over 81 million U.S. dollars and the electricity power sector with over US$ 48 million, the DICA figures showed.