NHA: Disclosure of Board resolution on bank borrowing

According to the Board Resolution dated November 10, 2021, the Board of Directors of Ha Noi South Housing and Urban Development Corporation approved the following contents:

1)      Plan to use capital for business activities from November 2021 to November 2022.

2)      Borrowing capital from Agribank – Duy Tien Ha Nam Branch:

-          Total credit limit: VND50 billion

Of which: VND40 billion for loan limit; VND10 billion for underwriting limit.

-          Purpose: to pay project construction expenses and underwriting in 2021 – 2022.

HOSE

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