09/30/2021 10:50 0
09-09-2021 10:50:36 07:00
Khai Hoan Land plans to raise VND300 billion from bond issuance
Board of Directors of Real Estate Joint Stock Company Khai Hoan Land (
HOSE:
This is a non-convertible bond, without warrants, with a fixed interest rate, with a property security measure, is offered for private sale with a maximum total value of 300 billion VND.
The purpose is to increase the size of operating capital and implement investment programs and projects of enterprises.
The collateral is 42 million shares KHG owned by shareholders of the Company, payment guarantee of Khai Hoan Group Co., Ltd and Mr. Nguyen Khai Hoan.
About the business situation, ending the first half of 2021, KHG recorded net revenue of more than 303 billion dong, nearly 8 times higher than the same period last year and net profit also skyrocketed to nearly 56 billion dong while in the same period this figure was just over 7 billion dong.
In 2021, Khai Hoan Land plans to achieve revenue of VND 1,515 billion and profit after tax of more than VND 321 billion, respectively. 5 times and 3.3 times more in 2020. Compared with the plan, real estate enterprises have achieved 20% of revenue targets and 17% of after-tax profit targets in 2021 after 6 months.
Minh Hong
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