|
NAF: Board Resolution No.10.2019 The Board of Directors of Nafoods Group Joint Stock Company (NAF) approved the provision of loans to subsidiaries. The Board decided to use the proceeds from the private placement to International Finance Corporation (IFC) and Endurance Vietnam Capital I (ECA) to provide loans to subsidiaries.
- Proceeds from the capital increase: VND197,883,696,307
- Value of loans to be provided to subsidiaries: VND57,233,700,000
- Objects for loans:
|
No.
|
Object
|
Amount
(VND)
|
Purpose
|
|
1
|
Nafoods Southern JSC
|
17,000,000,000
|
To pay for the debt at HD Bank – Van Hanh Branch
|
|
2
|
Nafoods Southern JSC
|
20,000,000,000
|
To pay for the debt at Vietcombank – Nghe An Branch
|
|
3
|
Nafoods Highland JSC
|
20,233,700,000
|
To pay for the debt at Vietinbank – Vinh Branch
|
|
|
Total
|
57,233,700,000
|
|
HOSE
|
