FIT: BOD approves to invest and cooperate with FIT Consumer
On October 30, 2018, the Board of Directors of F.I.T Group Joint Stock Company decided to invest and cooperate with FIT Consumer Joint Stock Company (FIT Consumer) to strengthen the efficiency of using idle capital in the short term on the principle of capital preservation and profitability. The details are as follows:
- Cooperation and investment method: to contribute the investment capital and divide the profit of 6.5% per year, that does not depend on investment result of the capital contribution receiver.
- Term: 06 months from October 31, 2018 to April 30, 2019
- Capital resources limit: VND3,936,000,000
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