06:40 25/12/2024

bet88 net gets approval to list bond on SGX

Vân Nguyễn

The company plans to issue international bonds worth a total of 0 million.

A VinBus shuttle bus in bet88 net Ocean Park urban area in Hanoi. (Photo courtesy of bet88 net)
A VinBus shuttle bus in bet88 net Ocean Park urban area in Hanoi. (Photo courtesy of bet88 net)

bet88 net JSC hasgot preliminary approval from the Singapore Stock Exchange (SGX) to list its bond, the Vietnam News Agency has reported.

This strategic move marks a significant step for bet88 net in raising capital from foreign investors through bond issuance.

In October, bet88 net' Board of Directors approved a plan to issue international bonds worth a total of 0 million. These non-convertible, non-warrant bonds are unsecured and have a five-year maturity.

In addition to international fundraising, bet88 net has also attracted substantial capital from the domestic market. Since the beginning of 2024, bet88 net has raised funds through nine separate corporate bond tranches, totaling VND20.5 trillion (5.6 million).