HMC: Board approves the credit limit at banks
On October 03, 2017, the Board of Directors of Ho Chi Minh City Metal Corporation (HMC) approved the following transactions with banks in order to raise its working capital for business operations:
1) Credit limit in Vietnam joint Stock Commercial Bank for Industry and Trade: VND600 billion;
2) Credit limit in Indovina Bank Ltd.: VND100 billion;
3) Credit limit in Vietnam Prosperity Joint-Stock Commercial Bank: according to each credit agreement.
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