Idico borrows over 320b dong for project investment
Tuesday, September 30,2014AsemconnectVietnam - Idico Infrastructure Development Investment JSC (coded HTI) has announced that the company’s Board of directors met and approved the capital loan for investment in the project namely “Additional investment in the intersection construction at National Highway No. 1/District Road No. 2″.
As of June 30, 2014, the company’s chartered capital was 249.5 billion dong. Therefore, the loan to serve this project is 30 percent higher than the company’s chartered capital.
At the end of the second quarter of 2014, the company has the long-term debt balance of 611 billion dong out of more than 1 trillion dong of the total assets. The company’s short-term debt is less than 10 billion dong.
N.Nga
Source: CafeF
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