BKAV kicks off bond issuance and will soon conduct IPO? 22:20 | 03/06/2021
Nguyen Tu Quang, CEO of BKAV
BKAV has just revealed plans to issue bonds worth VND170 billion ($7.4Â million) for its subsidiary BKAV Pro specialised in antivirus software, cybersecurity, Camera AI View, among others. Of this, about VND500 million ($21,740) of bonds will be offered initially. The rest will be issued once the company is officially listed on the stock exchange, according to BKAV CEO Nguyen Tu Quang.
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, digital transformation solutions, and affordable Bphone devices to approach customers.
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