Subscription Announcement of ABA Bank's Corporate Bonds (ABA Bond)

09/08/2019

Subscription​ Announcement 1Subscription​ Announcement 1

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.InvestorsAllotment Amount (Bonds)Allotment Ratio (%)
1Potential investors614,00047,97
2Investors in subscription666,00052,03
Total1,280,000100,00

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:

  1. Investor​ shall​ obtain​ Investor​ ID​ from​ SECC.
  2. Investor​ shall​ have​ Securities​ Trading​ Account​ at​ any​ securities​ firm​ licensed​ by​ SECC.
  3. Investor​ shall​ fill​ in​ subscription​ form​ available​ at​ the​ above-designated​ venue.
  4. 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​ LyhourMs.​ 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