Subscription Announcement of ABA Bank's Corporate Bonds (ABA Bond)
09/Aug/2019
Advanced Bank of Asia Limited (ABA Bank) is honored to publicly announce that it has received the final approval and registration from the Securities and Exchange Commission of Cambodia (SECC) on the Disclosure Document for its Public Offering of ABA Bonds (Resolution No. 155/19 SECC/SSR dated 07 August 2019).
ABA Bank, with assistance of SBI Royal Securities (SBIR) acting as the sole underwriter, would like to invite investors to apply for the corporate bonds subscription.
1. Summary of Offering
- Offering price per corporate bonds: KHR 100,000 (~USD 25).
- Coupon rate of corporate bonds: 7.75% per annum with 3-year maturity and semi-annual coupon payments.
- Issuance date of corporate bonds: 14 August 2019.
- Type of corporate bonds: the corporate bonds constitute name registered, unsecured and unsubordinated obligation.
- Credit rating of corporate bonds: ‘B’ from S&P Global credit rating agency.
- Total number of the public offering: 1,280,000 bonds.
- Minimum investment amount: KHR 800 million (~USD 200,000) for institutional investors and KHR 4 million (~USD 1,000) for retail investors.
2. Subscription
A. Corporate bonds distribution ratio:
| No. | Investors | Allotment Amount (Bonds) | Allotment Ratio (%) |
| 1 | Potential investors | 614,000 | 47,97 |
| 2 | Investors in subscription | 666,000 | 52,03 |
| Total | 1,280,000 | 100,00 |
B. Subscription date: 12-13 August 2019 (business day)
- Morning: from 8:00 to 12:00
- Afternoon: from 13:00 to 17:00
C. Subscription venue (for obtaining Disclosure Document and Subscription Form):
SBI Royal Securities Plc.
13A Floor, Phnom Penh Tower, No. 445, Preah Monivong Blvd, Sangkat Boeung Pralit, Khan 7 Makara, Phnom Penh
Phone: 023 999 595
www.sbiroyal.com
D. Procedure:
- Investor shall obtain Investor ID from SECC.
- Investor shall have Securities Trading Account at any securities firm licensed by SECC.
- Investor shall fill in subscription form available at the above-designated venue.
- Investor shall submit subscription form to the above-designated location and make a cash deposit of 100% of the total subscription value to the subscription account. Details of the subscription account are available from SBIR.
3. Announcement of Subscription Result
ABA Bank, with assistance of SBIR, will notify investors on the subscription result after the final approval from SECC.
For further information about the subscription process, please kindly contact:
| Mrs. CHHAY Lyhour | Ms. PANN Roth Kunthea |
| Head of Securities Representative SBI Royal Securities Plc. Tel: 023 999 595 / 077 333 631 | Assistant Vice President, Corporate Finance SBI Royal Securities Plc. Tel: 085 271 819 |
