The Board of Directors (BOD) of KSF Investment and Real Estate Development Joint Stock Company has officially passed a resolution to allow Sky Villa, one of the company’s projects, to mortgage assets at Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank). The purpose of the mortgage is to implement investment plans and develop the Sky Villa project. This resolution reflects KSF’s determination to increase financial resources to accelerate the project’s progress and scale. Mortgaging assets at HDBank is seen as an important step to ensure cash flow for the company’s future activities.
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