The Board resolution dated March 28, 2023, the BOD of Kinh Bac City Development Holding (KBC) Corporation approved the loan agreement as follows:
- Lender: Saigon-Bacgiang Industrial Park Corporation (KBC’s subsidiary)
- Borrower: Kinh Bac City Development Holding Corporation
- Total value: VND1,000,000,000,000
- Time: maximum for 2 years
- Collateral: Mortgage.