After the sanction, a business paid more than 500 billion VND of bonds to investors

APEC Group has just announced the implementation of early repayment of all bond purchases to investors.

Specifically, according to Decision No. 837/QD-XPVPHC dated December 6, 2021 on sanctioning of administrative violations in the field of securities and the stock market, APEC Group has fully refunded 507.4 billion VND worth of bonds to be repaid (recorded on May 13, 2022). At the same time, 17 bond packages issued by APEC Group will stop circulating from May 14, 2022.

Previously, on December 6, 2021, the State Securities Commission (SECC) issued Decision No. 837 on sanctioning administrative violations against APEC Group. Accordingly, this company was fined 600 million VND according to the provisions of point c, clause 5, Article 10 of Decree No. 156 due to violations in the securities sector.

Apec Group offers bonds Happybond.H.20.25.001 with a value of 8.1 billion dong in 2020 and bonds: Happybond.H.21.23.001-01,Happybond.H.21.24.002-01,Happybond .H.21.24.003-01, Happybond.H.21.24.003-02,Happybond.H.21.24.004-01, Happybond.H.21.24.004-02,ABOND.AG.H.21.24.001-01 , ABOND.AG.H.21.24.001-02,ABOND.AG.H.21.24.002-01, ABOND.AG.H.21.24.002-02,ABOND.AG.H.21.23.003-01, ABOND .AG.H.21.23.003-02,ABOND.AG.H.21.23.004-01, ABOND.AG.H.21.23.004-02,ABOND.AG.H.21.24.003-01, ABOND.AG .H.21.24,003-02 with a total value of 499,707 billion VND.

This company conducts an offering for the period from January 18, 2021 to August 6, 2021 to the public through the mass media and to unspecified investors who have not submitted an application for registration. with the State Securities Commission according to regulations.

In addition to administrative sanctions, the State Securities Commission also forced APEC Group to withdraw the securities offered for sale; refund to investors the money to buy securities or deposit (if any) plus interest calculated at the bank’s demand deposit rate within a maximum period of 15 days from the date of receiving the investor’s request. investment.

Ngoc Mai

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