GSP: Board approves the long term loan

    On September 11, 2018, the BOD of International Gas Product Shipping Joint Stock Company approved the long term loans of USD6,615,000 from Sinhan Bank – Viet Nam to buy a liquefied gas tanker (LPG) for project “Invest in LPG tankers with a capacity of 7,500 CBM in 2018”

    According to the audited semi-annual financial statements in 2018 (until June 30, 2018):

-       Outstanding loans:               0 dongs

-       Equity until June 30, 2018:   374.66 billion dongs

-       Outstanding loans after the company disbursed the purchase of LPG tanker: 154.39 billion dongs.

-       Ratio of debt/equity after the company disbursed loans: 41.21%.

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