KBC: Board resolution on transactions with a related party

On May 11, 2021, the Board of Directors of Kinh Bac City Development Holding Corporation (KBC) approved the borrowing of its subsidiary Hung Yen Investment and Development Group Joint Stock Company as follows:

-          Purpose of borrowing: for business operations

-          Loan limit: 1,080,000,000,000 dongs

-          Loan term: 02 years. 

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