According to the Board resolution dated October 06, 2020, the Board of Directors of Vietnam Technological and Commercial Joint Stock Bank (Techcombank) approved agreements between Techcombank and related persons, as follows:

1)      Approving a credit limit:

-          Credit limit: VND1,000 billion

-          Loan term: 12 months

-          Purpose: to raise the working capital for business operations

-          Collateral: no assets; unconditional and irrevocable guarantee letter of Masan Consumer Corporation

2)      Approving to sign credit agreements between Techcombank and Vincommerce, the credit holder.