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Sonadezi Long Binh board approves security service deal with related entity

October 13, 2025 at 06:03 PM UTCBy FilingReader AI

The Sonadezi Long Binh Shareholding Company (SZB) announced its Board of Directors has approved a related-party transaction involving Sonadezi Security Service Co., Ltd. The agreement covers security services for several industrial zones, including Thanh Phu, Bien Hoa 2 & Tan Hiep, Go Dau, and Xuan Loc. This resolution was adopted on October 9, 2025.

The total value of these security service transactions is approximately VND 8 billion. The aggregate value of all related-party transactions anticipated to occur within a 12-month period is projected to be less than 35% of the company's total assets, as reported in its most recent financial statements.

The general director has been tasked with implementing the necessary procedures and ensuring the public disclosure of this resolution in accordance with legal requirements. The resolution became effective on the date of its signing. This information was publicly disclosed on October 10, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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