BIZCONSULT ADVISED BIDV TO SUCCESSFULLY NEGOTIATE AND SIGN STRATEGIC COOPERATION CONTRACT WITH HANA FINANCIAL INVESTMENT

March 30, 2022

During the first period of 2022, the lawyers of bizconsult Law Firm advised a leading bank BIDV on a Strategic Cooperation Agreement with Hana Financial Investment Co., Ltd (HFI) in relation to the transaction where BIDV Securities Company (BSC) issued 65,730,042 stocks (35%) as private placement to Hana Financial Investment Co., Ltd (HFI). The total value of the transaction is approximately US$120 equivalent to 2.700 billion VND.

This transaction was performed by Senior Partner Le Hong Phong with the support of Associate Nguyen Thi Thu Trang.

For further information about this transaction, please refer to BSC’s announcement:

https://www.bsc.com.vn/en/news/news-detail/890700-press-release-bidv-securities-company-bsc-to-issue-more-than-65-73-million-shares-for-hana-financial-investment-co-lt