Ho Chi Minh City Infrastructure Investment Joint Stock Company announced a private placement of 28,401,951 convertible bonds at a price of VND 100,000 per bond for the gross proceeds of VND 2,840,195,100,000 on January 25, 2024. The bonds carry coupon rate of 2.5% per annum. The bonds are convertible into common share at a conversion price of VND 10,000 per common share.