Friday, 14/04/2017 11:32

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 105mand 4 villas with an average area of 210m

-          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.

 

HOSE

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