Hua Na Hydropower Plant (HNA) mortgaged its only factory to borrow money from the bank to acquire a new factory
Sunday, June 30,2024
AsemconnectVietnam - Accordingly, Hua Na Hydropower proposed shareholders to buy Nam Non Hydropower Plant from Nghe An Energy Development Corporation Joint Stock Company, the factory will be built in Luong Minh commune, Tuong Duong district, Nghe An province (on the main stream of the river). Both), the pre-tax purchase value is VND645 billion (total investment value after tax is VND696.6 billion) and the factory handover transaction is expected to be completed in August 2024.
It is known that Nam Non Hydropower Plant has been in operation since September 6, 2014.
Regarding the expected investment capital structure of 3:7, equivalent to VND208.98 billion is equity capital and other capital; and the remaining VND487.62 billion is bank loan capital.
In particular, the designed installed capacity of Nam Non Hydropower Plant is 20 MW including 2 units, average annual electricity output is 89.74 million kWh
To reciprocate the loan capital for investment in purchasing the factory, Hua Na Hydropower also proposed to shareholders to use the Company's assets, Hua Na Hydropower Plant, as collateral for the loan at the Joint Stock Commercial Bank for Investment and Development. Vietnam, mortgage value is VND2,855.34 billion (mortgage value is VND487.62 billion).
According to research, Hua Na Hydropower Plant owns only one factory, Hua Na Hydropower Plant, with a capacity of 180 MW, total investment capital of VND7,092 billion, and has been in operation since 2013.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
An Duong Thao Dien (HAR) sets profit target down in 2024
PJICO (PGI) launches a new brand identity to celebrate its 30th anniversary
Guotai Junan Securities (IVS) plans to increase its charter capital to VND1,387 billion
Masan Consumer (MCH) locked in the right to pay 55% cash dividend
VNECO (VNE) will reduce its ownership in VE3 to 20%
Phu Tai (PTB): Expectations of "wood and stone"
Da Nang Rubber (DRC): Rising exchange rates have a positive impact on business results
Becamex IDC (BCM) mobilizes an additional VND800 billion in bonds with an interest rate of 10.5%/year
GMD: Continue to expand Nam Dinh Vu port phase 3 and Gemalink deep-water port phase 2A
PTSC (PVS) decided to play big
Chuong Duong (CDC) wants to mobilize VND241.88 billion from shareholders, most of the money raised to invest in the project
PVT Logistics (PDV) continues to expand and develop logistics services
DIC Corp (DIG) wants to divest capital and dissolve loss-making business units
Minh Phu Seafood (MPC) will promote shrimp exports to China
