Friday, 25/08/2017 15:57

TYA: Resolution on credit limit and equipment purchase

Taya (Vietnam) Electric Wire and Cable JSC announces the Board Resolution dated August 24, 2017 as follows:

1)    The Board of Directors approved to extend the loan at Hua Nan Commercial Bank Ltd. – Hochiminh City with the credit limit of USD4,500,000. This loan is guaranteed by Mr. Shen Shang Pang, Chairman of the Board of Directors.

2)    The Board of Directors approved to import kiln equipment as well as related  components and equipment in order to upgrade the manufacturing process. 

HOSE

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