Mr. Chaiyapat Paitoon, Chief Strategic Development Officer, Minor International Public Company Limited (MINT), revealed that the company has successfully met its target of offering ‘MINT e-Bond’ debentures to retail investors. Digital debentures), maturity 4 years, 4 months, fixed interest rate 3.30% per annum, interest payments every 6 months via wallet trading debentures in the application “Pao Tang”, total value of 2,000 million baht, between March 21-23. 2022
The offering of ‘MINT e-Bond’ is the first private company in Thailand to offer 100% scripless bonds to general investors. To reduce the use of paper in line with the trend to save the world. as well as supporting capital market innovations in the digital era
It also opens up a new dimension of bond offerings. This is the first time that offers additional benefits from interest payments on debentures. The bondholders will receive a 10% discount from the normal price (according to the conditions set by the Company) when using the restaurant in the Company’s chain. Participating 6 brands are The Pizza Company, Bonchon, Swensen’s, Sizzler, Burger King and The Coffee Club (except airport branches) from May 1 . 2022 onwards throughout the life of the bonds invested in an unlimited number of times
“The response from this debenture offering reinforces investor confidence in the Company. Therefore, it decides to invest in MINT e-Bond in order to receive a consistent and stable interest payment. The company plans to repay the bonds that are partially due in March 2022 and be working capital. in business including helping the company Manage financial costs more efficiently,” said Mr. Chaiyapat.
Mr. Rawin Boonyanusas Executive Vice President Money Market Capital Market Business Division Krung Thai Bank Public Company Limited revealed that Krung Thai Bank is committed to bringing new technologies and innovations to develop financial products and services. to meet the needs of customers and all groups of people continuously on digital channels that are easy to access, convenient to use and safe, as well as encouraging Thai people to plan their savings and investments for a secure future
by developing investment products that respond to the needs of the application “Bao Tang” developed by Infinitus by Krungthai to become Thailand Open Digital Platform, allowing users of all groups to use the service. even without a Krungthai Bank deposit account Ready to open up to cooperate with partners in both the public and private sectors. To enhance the potential of the platform to be able to provide services covering the life activities of customers and people thoroughly. including financial services, health, lifestyle, as well as savings and investments
Recently, Krung Thai Bank, together with MINT, sells the 3rd tranche of MINT e-Bond via the app “Pao Tang” with a total value of 2,000 million baht, with a minimum investment amount of only 10,000 baht, enabling investors to access investments in digital debentures MINT E. -Bond thoroughly and equally distributed in all provinces across the country Divided into Bangkok 40.6% and other provinces 59.4%, distributed in all age ranges between 20-90 years, especially the working age group 20-40 years, the proportion is as high as 30.35% and the age group 60 years and over 18.03%, reinforcing the accessibility of investment. Thorough, equal and equitable trading, convenient, fast, real-time, 24 hours a day. Receive bonds and receive money immediately.
“This cooperation with MINT is an important step in the revolution of private bond investment in the food business. Hotel and lifestyle And this is an opportunity to expand the potential of the Bao Tang app to meet the needs of savings and investment to the next level. This is an important basis for creating financial stability for customers and people in the future for a sustainable future. Meet the Sustainable Development Goals (SDG) in many aspects, including bringing innovation to increase efficiency. Develop and upgrade the Thai capital market Provide services that support continued economic growth. Reduce travel to branches by making a list on the app wallet immediately Which is a channel that has more than 33 million users and is in line with the sharing economy or Sharing Economy, helping to enhance the liquidity of the country’s debt instruments as well,” said Mr. Rawin.
.jpg?fit=300%2C300&ssl=1)
