Dat Phuong's board approved, under a decision dated 27 October 2026, borrowing real estate from eight insiders and related persons, including Chairman Luong Minh Tuan, Vice Chairman Pham Kim Chau and CEO Tran Anh Tuan, to secure the company's current and future obligations to the BIDV Thang Long branch. The company also signed a construction contract for package XL-03 of the Gia Binh airport–Hanoi connecting road, worth nearly 4,388 billion VND including VAT, of which about 1,629 billion VND is work performed by Dat Phuong. The Binh Duong resort complex project in Da Nang was also adjusted, with total investment cut from over 4,647 billion VND to 3,000 billion VND and land area reduced from 199 ha to just over 178 ha.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Đạt Phương mượn tài sản của lãnh đạo tập đoàn bảo đảm cho các khoản vay tại ngân hàng
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