Wednesday, 08/08/2018 13:21

SGR: BOD Resolution on bank loan

On August 06, 2018, the Board of Directors of Saigon Real – Estate Joint Stock Company (SGR)  approved to borrow capital at Ho Chi Minh City Housing Development Joint Stock Bank (HDBank)  - Nguyen Dinh Chieu Branch with the following details as follows:

-       Credit line: VND100,000,000,000

-       Purpose of loan: to capitalize the investment and loans to offset equity and underwriting implementation of An Phu Dong apartment project.

-       Loan period: 12 months

-       Mortgage assets:

+ Corporate deposit any credit agency;

+ Deposit at HDBank

+ Assets and investment project “An Phu Dong Social Housing at land 177, map of No.41, An Phu Dong Ward, district 12.)

 

HOSE

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