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KBC: Approval on transaction with related parties The Board resolution dated July 06, 2021, the BOD of Kinh Bac City Development Holding Corporation approved a loan to subsidiaries, including:
1) Sai Gon – Bac Giang Industrial zone Joint Stock Company:
- Loan purpose: to supplement capital for business production activities.
- Total amount: 500,000,000,000 dongs
- Loan period: 03 years.
2) Sai Gon - Hai Phong Industrial zone Joint Stock Company:
- Loan purpose: to supplement capital for business production activities.
- Total amount: 600,000,000,000 dongs
- Loan period: 03 years.
3) Sai Gon – Tay Bac Urban Development Joint Stock Company:
- Loan purpose: to supplement capital for business production activities.
- Total amount: 400,000,000,000 dongs
- Loan period: 03 years. HOSE
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