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SHS board approves bond collection service agreement with SHB

November 17, 2025 at 06:01 PM UTCBy FilingReader AI

Saigon - Hanoi Securities Joint Stock Company (SHS) disclosed on November 14, 2025, that its board of directors approved signing a collection service agreement with Saigon - Hanoi Commercial Joint Stock Bank (SHB). The resolution, effective from its signing date, authorizes the general director to implement and manage the specifics of the contract.

The agreement outlines the procedures for SHB to collect funds from investors purchasing bonds issued by SHS, with collection points at all SHB transaction locations nationwide. SHS is responsible for providing accurate information regarding bond issuances and ensuring timely principal and interest payments. SHB's role is limited to collection services and does not involve bond issuance, investment consulting, or distribution.

SHS will pay service fees to SHB as stipulated in the contract, and SHB will transfer collected funds directly to SHS's designated account. The general director of SHS is also authorized to adjust contract terms, including fees, to maximize benefits for SHS while adhering to legal and internal regulations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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