SHS board approves major Q4 transactions with SHB

Saigon - Hanoi Securities Joint Stock Company (SHS) announced its board of directors approved Resolution No. 70/2025/QD-HDQT on October 28, 2025. This resolution sanctions transactions between SHS and Saigon - Hanoi Commercial Joint Stock Bank (SHB) during Q4 2025.

The approved transactions include total gross borrowing/repayment of up to VND 3,000,000,000,000, with the total outstanding borrowings at any time remaining below the granted limit. The amount of each borrowing/repayment will depend on actual needs but will not exceed the total gross value. The approved credit limits apply to all loan plans at SHB's branches in Q4 2025.

Key documents for these transactions include a credit limit agreement, loan collateral agreements (potentially including stock pledge agreements), and other related documents. The general director is authorized to execute these agreements, determine collateral, and amend related documents as needed, ensuring SHS's interests are protected.