What are the conditions for overseas offering trực tiếp bóng đá euro hôm nay bonds by public companies in Vietnam?

Hello, Lawnet would like to answer as follows:

1. What is public company?

According to Clause 1 trực tiếp bóng đá euro hôm nay Article 32 trực tiếp bóng đá euro hôm nay thexem bóng đá trực tiếp nhà, a joint-stock company will become a public company in one trực tiếp bóng đá euro hôm nay the following cases:

- The company has a contributed charter capital trực tiếp bóng đá euro hôm nay at least 30 billion VND and at least 10% trực tiếp bóng đá euro hôm nay the voting shares are being held by at least 100 non-major shareholders;

- The company has successfully made its IPO by registration with SSC as prescribed in Clause 1 Article 16 trực tiếp bóng đá euro hôm nay thexem bóng đá trực tiếp nhà.

2. What are the conditions for overseas offering trực tiếp bóng đá euro hôm nay bonds by public companies in Vietnam?

Under the provisions trực tiếp bóng đá euro hôm nay Article 71 trực tiếp bóng đá euro hôm nayDecree No. 155/2020/ND-CP, the conditions for overseas offering trực tiếp bóng đá euro hôm nay bonds by public companies in Vietnam as follows:

- A public company may offer bonds overseas after SSC approves under the conditions specified in Clause 2 trực tiếp bóng đá euro hôm nay Article 71 trực tiếp bóng đá euro hôm nayDecree No. 155/2020/ND-CPand regulations trực tiếp bóng đá euro hôm nay the host country are complied with.

- Conditions for approving overseas offering trực tiếp bóng đá euro hôm nay bonds:

+ The bond issuance satisfies regulations trực tiếp bóng đá euro hôm nay law on foreign ownership ratio.

+ There is the GMS’s decision to approve the offering plan and the plan for use trực tiếp bóng đá euro hôm nay revenue obtained from the offering;

+ Regulations trực tiếp bóng đá euro hôm nay law on foreign exchange management are complied with;

+ SBV has permitted the overseas issuance trực tiếp bóng đá euro hôm nay bonds in accordance with regulations trực tiếp bóng đá euro hôm nay law on credit institutions in case the issuer is a credit institution; The Ministry trực tiếp bóng đá euro hôm nay Finance has permitted the overseas issuance trực tiếp bóng đá euro hôm nay bonds in accordance with regulations trực tiếp bóng đá euro hôm nay law on insurance business in case the issuer is an insurer.

Thus, conditions for approving overseas offerings trực tiếp bóng đá euro hôm nay bonds that Vietnamese enterprises have to meet are:

- Being approved by the State Securities Commission to register for sale;

- Meeting regulations on the maximum foreign ownership ratio;

- There is a decision trực tiếp bóng đá euro hôm nay the General Meeting trực tiếp bóng đá euro hôm nay Shareholders through the plan trực tiếp bóng đá euro hôm nay offering and using capital;

- Complying with regulations on foreign exchange management...

3. Application for overseas offering trực tiếp bóng đá euro hôm nay bonds in Vietnam

According to Article 72 trực tiếp bóng đá euro hôm nayDecree No. 155/2020/ND-CP, application for overseas offering trực tiếp bóng đá euro hôm nay bonds in Vietnam as follows:

- The application for overseas offering trực tiếp bóng đá euro hôm nay bonds followingForm No. 19in the Appendix trực tiếp bóng đá euro hôm nayDecree No. 155/2020/ND-CP: Download 

- The decision trực tiếp bóng đá euro hôm nay the GMS to approve the bond offering plan and the plan for use trực tiếp bóng đá euro hôm nay revenue obtained from the offering; approve or authorized the Board trực tiếp bóng đá euro hôm nay Directors to approve the plan for ensuring conformable foreign ownership ratio.

- The written confirmation trực tiếp bóng đá euro hôm nay a permitted bank or FBB that the issuer has opened an escrow account to receive payment for bonds in foreign currencies as prescribed by regulations trực tiếp bóng đá euro hôm nay law on foreign exchange management.

- The written approval from SBV for overseas issuance trực tiếp bóng đá euro hôm nay bonds in accordance with regulations trực tiếp bóng đá euro hôm nay law on credit institutions in case the issuer is a credit institution; the written approval from the Ministry trực tiếp bóng đá euro hôm nay Finance for overseas issuance trực tiếp bóng đá euro hôm nay bonds in accordance with regulations trực tiếp bóng đá euro hôm nay law on insurance business in case the issuer is an insurer.

- The draft documents for offering registration with the competent authority trực tiếp bóng đá euro hôm nay the host country or opinions trực tiếp bóng đá euro hôm nay an international legal counseling company that the offering does not have to be registered with a competent authority trực tiếp bóng đá euro hôm nay the host country

Best regards!

Key word: bonds | overseas offering trực tiếp bóng đá euro hôm nay bonds | offering trực tiếp bóng đá euro hôm nay bonds | in Vietnam | public companies | Vietnam |

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