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SGT: The BoD approves to cooperate with a related company
HSX - 10/18/2019 2:46:00 PM
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On October 15, 2019, the Board of Directors of Sai Gon Telecommunication & Technologies Corporation (Saigontel) approved the policy on the co-operation to carry out Dai Dong – Hoan Son Industrial Park Infrastructure Construction Investment and Exploitation Project (Phase II) in Tien Du district, Bac Ninh province. This project is invested by Sai Gon Telecommunication & Technologies Corporation. 

1. Partner: Northwest Saigon City Development Corporation (SCD)

-     Address: Tram Bom, National Highway 22, Tan Phu Trung, Cu Chi, Ho Chi Minh

2. Project: Dai Dong – Hoan Son Industrial Park Infrastructure Construction Investment and Exploitation Project (Phase II)

-     Location: in the areas of Hoan Son, Phat Tich, Tri Phuong communes, Tien Du district, Bac Ninh province

-     Total area of project: 95.81 hectares

-     Saigontel and SCD will contribute capital to implement the project with the total investment of VND1,097,106 billion:

 

Contributed value

%

SCD

VND200 billion

18.23%

Saigontel

VND897.106 billion

81.77%

Total

VND1,097.106 billion

100%

-     Cooperation time: 03 years

-     Profit sharing ratio:

  • Saigontel: 81.77%
  • SCD: 18.23%.

 

 

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