KBC: Approved to borrow capital at subsidiary

The Board resolution dated March 28, 2023, the BOD of Kinh Bac City Development Holding (KBC) Corporation approved the loan agreement as follows: -          Lender:            Saigon-Bacgiang Industrial Park Corporation (KBC’s subsidiary) -          Borrower:        Kinh Bac City Development Holding Corporation -          Total value:     VND1,000,000,000,000 -          Time:               maximum for 2 years -          Collateral:        Mortgage.