DXG: Dat Xanh applies for a credit limit in VietA Bank

The Board of Directors of Dat Xanh Real Estate Service & Constructions Corporation (“Dat Xanh”) approved the application for credit limit in VietA Bank in order to invest in the project Sunview Town - “Hiep Binh Phuoc Housing Area – Tam Binh, Thu Duc district, Hochiminh city”.

The applied credit limit is VND310 billion and will be divided into two phases:

Phase 1: VND73,394,000,000, to execute the third installment for the land-use right transfer between Dat Xanh and Savico.    

Phase 2: VND236,606,000,000. 

Dat Xanh will mortgage all land-use right and assets acquired in the future of this project. 

HOSE

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