Bkav Corporation officially announces the issuance of 170 billion VND of bonds for its subsidiary, Bkav Pro. In the short term, Bkav only issues the bonds for professional investors with a minimum investment of 500 million VND. After this period, Bkav will list the subsidiary on the stock exchange so that all investors can purchase.
Bkav Pro Anti-Virus Software Joint Stock Company (Bkav Pro) is a member company of Bkav Corporation specializing in anti-virus software, cyber security, digital transformation and Camera AI View. Bkav Pro is one of the leading Information Technology enterprises in Vietnam. Its anti-virus product has the No. 1 market share in Vietnam, competing directly with foreign brands. The annual profit margin of Bkav Pro Company is over 61%, which is considered a high profit compared to the market.
Local securities company VNDirect, on behalf of Bkav, will issue the bonds with a three-year tenor and an annual interest rate of 10.5 per cent.
The sum collected from the bond issuance will be invested in developing Camera AI View - one of the most potential fields today, digital transformation, and affordable Bphone devices to approach more customers.