Aqua City Company Limited released 13 land use rights totaling nearly 10.6 hectares to fulfill payment obligations for four bond lots
Aqua City Company Limited released 13 land use rights totaling nearly 10.6 hectares to fulfill payment obligations for four bond lots. Previously, the company sought bondholder approval to use project-related assets as collateral for a major loan. Amid financial pressure, it also adjusted bond interest rates from floating to fixed. The asset release highlighted prolonged financial difficulties during the project’s implementation.
Aqua City Company Limited released 13 land use rights totaling nearly 10.6 hectares to fulfill payment obligations for four bond lots. Previously, the company sought bondholder approval to use project-related assets as collateral for a major loan. Amid financial pressure, it also adjusted bond interest rates from floating to fixed. The asset release highlighted prolonged financial difficulties during the project’s implementation.
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Vietnam Real Estate - Where is the market heading to?
The domestic real estate market has had a period of strong growth in the past five years, will this bull market continue and support real estate stocks to lead the market?