STG: Guaranteeing Vietranstimex a finance lease debt

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STG: Guaranteeing Vietranstimex a finance lease debt

HOSE - 4/29/2021 3:31:00 PM

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South Logistics Joint Stock Company announces Board Resolution dated April 19, 2021 as follows:

- Approving the policy allowing Multi-modal Transport Holding Company (brand name: Vietranstimex), a company with 91.67% owned by South Logistics Joint Stock Company, to invest in ZCC98000W crane with the value no more than US$3,300,000 in the form of finance leasing in Vietcombank Financial Leasing Co., Ltd. – Hochiminh Branch.

- Approving that South Logistics Joint Stock Company will guarantee the debt payment obligation of Vietranstimex to Vietcombank Financial Leasing Co., Ltd. – Hochiminh Branch for the above asset investment.

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