Truong Thanh Furniture Corporation announces the Board Resolution dated 03 August 2022 as follows:
1. The Board of Directors approved the plan for the use of capital from the private offering in 2022:
- To raise the working capital: to pay suppliers
+ Total payables: VND285,720,000,000
+ Estimated disbursement: Quarter IV of 2022 – Quarter III of 2023
- To buy the shares of Tekcom Central JSC:
+ Total investment: VND166,600,000,000.
+ Owning ratio after trading: 49%
+ Trading time: in 2023.
2. The Board of Directors approved to amend Board Resolution No.08/2022 on the dossier of private placement 2022.