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FBC: Total value of borrowings exceeding 30% of owner's equity
On 23/04/2018, Pho Yen Mechanical Joint Stock Company announced regarding total value of borrowings exceeding 30% of owner's equity as follows:
- According to the audited financial statement dated 31/12/2017, owner's equity was VND 65,463,319,936
- The value of borrowings before 23/04/2018: VND 48,467,412,483, reaching 74.037% of owner's equity stated in audited financial statement dated 31/12/2017.
- As of 23/04/2018, total value of borrowings was VND 45,055,362,483, reaching 68.825% of owner's equity stated in audited financial statement dated 31/12/2017, namely:
+ Vietnam Engine and Agricultural Machinery Corporation: VND 20 billion
+ VIETINBANK - the Song Cong branch: VND 18,100,241,783 (borrowing in VND: VND 12,425,302,183; borrowing in USD: 249,200 ~ VND 5,674,939,600)
+ BIDV - the Nam Thai Nguyen branch: VND 6,955,120,700
HNX
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