Bkav Antivirus Software Joint Stock Company (Bkav Pro) has just announced unusual information about the situation of bond principal and interest payments.
Accordingly, on May 26, the payment deadline for nearly VND 163.3 billion in principal and more than VND 8.9 billion in interest of the bond lot coded BKPCB2124001 was due. However, this enterprise has been late in payment and is negotiating with bondholders.
Bond BKPCB2124001 was issued in May 2021 with a value of VND 170 billion, term of 3 years. Initial interest rate 10.5%/year.
In May 2024, the company was approved by bondholders to extend the bond for another year, with a new maturity date of May 26, 2025. The interest rate from the 37th month is 11%/year.
At the same time, the issuing company also amended and supplemented the terms of collateral of the bond lot including more than 6.1 million Bkav Pro shares owned by Bkav Joint Stock Company and all capital contributions of Nguyen Tu Quang at Vietnam Digital Transformation Platform Company Limited (DXP Company).
In July 2024, the company bought back a portion of the bonds worth VND6.73 billion. The remaining outstanding value of the bonds to date is VND163.3 billion.
The 2024 financial report shows that Bkav Pro's business performance improved significantly compared to the previous year. Specifically, the company recorded a profit after tax of nearly 40.9 billion VND, 2.4 times higher than in 2023.
Bkav Pro's business results in 2024 (Photo: Cbond).
At the end of 2024, the enterprise owed about 21.5 billion VND to banks, about 165.8 billion VND in bonds, and 162.2 billion VND in other payables.
The company's equity is VND 261.4 billion, up 18.5% compared to the end of 2024. Total liabilities are VND 349.5 billion, up 10.3%. Total assets reach nearly VND 611 billion.
Bkav Pro is a company in charge of software publishing of Bkav Group, established in March 2018, with initial charter capital of 50 billion VND. Of which, 3 founding shareholders include Bkav Joint Stock Company holding 96%, Mr. Vu Ngoc Son holding 2%, Ms. Lai Thu Hang holding 2%.
In August 2018, the company increased its charter capital to VND100 billion, the founding shareholder structure remained unchanged. By October 2018, Bkav Joint Stock Company reduced its ownership ratio to 83.963%, the remaining 2 individuals kept 2% each.
From July 2022 to present, the company has Mr. Nguyen Tu Quang as General Director and Legal Representative.
Mr. Nguyen Tu Quang is also the founder of Bkav Corporation (Bkav Joint Stock Company). The company was established in 2003, operating in the fields of network security, software, e -government , smartphone manufacturing, smart electronic devices, smart city and AI camera.
This enterprise is also a rare Vietnamese company still pursuing the dream of producing Made in Vietnam smartphones with the product Bphone.
Source: https://dantri.com.vn/kinh-doanh/cong-ty-cua-ong-nguyen-tu-quang-cham-tra-hon-172-ty-dong-no-trai-phieu-20250603102615133.htm
Comment (0)