DRH: BODs Resolution on investment in projects According to the Resolution No.021/NQ-HĐQT dated April 12, 2017, BODs of Dream House Investment Corporation approved to invest in projects as follows:
1. BODs approved to invest in Terracotta Hill project:
- Area size: 26,745.20m2
- Design project: 140 adjacent houses with an average area of 105m2 and 4 villas with an average area of 210m2
- Total investment capital: 195.6 billion dongs
- Investment method: to sign investment cooperation contract via a investment commission contract and transfer of investment in Thuan Tien Company that DRH holds 70%.
- Expected total revenue: 239 billion dongs.
- Investment resources: to mobilize from a credit funds or shareholders and strategic investors.
2. BODs approved to invest in Metro Valley project:
- Area size: 3.47 ha
- Design project: low floor house at street D400, district 9.
- Total investment capital: 640 billion dongs
- Investment method: to receive the transfer of 99% shares from Dong Saigon Company which is a investor of Metro Valley project.
- Expected total revenue: 777 billion dongs.
- Investment resources: to mobilize from a credit funds or shareholders and strategic investors.
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