HMC: Board resolution on bank borrowing

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HMC: Board resolution on bank borrowing

HOSE - 5/29/2020 4:17:00 PM

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On May 27, 2020, the Board of Directors of Vnsteel - Ho Chi Minh City Metal Corporation approved the bank borrowing capital from the following banks in order to raise HMC’s working capital for business activities in 2020-2021:

No.	Bank	Credit limit (VND billion)
1	Viet Nam Joint Stock Commercial Bank for Industry and Trade (VietinBank) – Ho Chi Minh Branch	600
2	OCB – Cho Lon Branch	100
3	Eximbank - Cho Lon Branch	100
4	MSB – Ho Chi Minh Branch	100
5	MBBank – Ho Chi Minh Branch	100

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