HQC: HQC to invest in Ho Hoc Lam social housing project

According to the guidance of the People’s Committee of Hochiminh City, on August 19, 2015 the Ho Chi Minh City Housing Development Fund (HOF) and Hoang Quan Consulting – Trading – Service Real Estate Corporation (HOSE: HQC) signed a cooperation agreement for the construction of Social Housing Project at 35 Ho Hoc Lam, An Lac ward, Binh Tan district, Hochiminh city.

After completion, the Ho Chi Minh City Housing Development Fund will receive 02 blocks: A and B. Hoang Quan Consulting – Trading – Service Real Estate Corporation will receive 04 remaining blocks.

This project has the total investment of VND663.5 billion, in which Hoang Quan Consulting – Trading – Service Real Estate Corporation contributes about VND491.5 billion.

HOSE

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