Wednesday, 30/05/2018 14:16

VPG: Board resolution on borrowing at Vietcombank

Viet Phat Import Export Trading Investment Joint Stock Company announces Board Resolution No.164 dated May 29, 2018 as follows:

The Board of Directors approved to borrow capital at Joint Stock Commercial Bank For Foreign Trade of Viet Nam (Vietcombank) in order to increase the working capital for business operations.

-          Total credit limit: VND100 billion.

-          Purpose:

  • To finance the business plan with the output contract as Hoa Phat Hai Duong Steel Joint Stock Company: a maximum of VND100 billion.
  • To finance other projects: a maximum of VND30 billion.

-          Loan term: 05 months.

HOSE

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