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PHS: Board Resolution on the extension of credit limit agreements The Board of Directors of Phu Hung Securities Corporation (PHS) approved to extend the following credit limit agreements:
- Approving to extend the credit limit agreement with Cathay United Bank_OBU:
- Loan limit: US$10,000,000
- Loan term: 01 year.
- Approving to extend the credit limit agreement with The Shanghai Commercial & Savings Bank, Ltd. – Dong Nai Branch
- Loan limit: VND 60,000,000,000;
- Loan term: 01 year.
- Approving to increase the credit limit with The Shanghai Commercial & Savings Bank, Ltd. – Hong Kong Branch
- Limit:
ü Short-term loan: US$8,000,000;
ü Standby letter of credit: US$3,000,000.
- Loan term: 01 year.
- Approving to increase the credit limit with with Chang Hwa Bank:
- Loan limit: US$10,000,000;
- Loan term: 01 year. HOSE
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