DCL: Board Resolution _ Jan 17, 2018
According to Board Resolution dated January 17, 2018, the Board of Directors of Cuu Long Pharmaceutical Joint Stock Company approved the plan for capital after issuing US$20,000,000 convertible bonds and the plan for paying principal as follows:
- The proceeds from the bond issue will be used to import machines and equipment and raise the working capital in the Company and its subsidiaries.
- In case that the bondholders do not convert bonds into shares, the Company will use the profit from business activities to pay bond principal.
HOSE
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