TTP: Board resolution

HNX | Latest Update: Thursday, 27 July 2017 15:11:00

Tan Tien plastic packaging joint stock company announced the board resolution approved on 17/07/2017 as follows:

Article 1: Approve the adjustment in Investment Project:

  1. Adjusting the target of the Project:

Producing complex soft package

Producing types of package from Plastic

  1. Adjusting the scale of the Project

Producing complex soft package: 9,000 tons/year

Producing types of package from Plastic: 1,000 tons/year

  1. Adjusting the investment capital of the Project

Total investment capital of the Project; VND 167,600,000,000

In which, the performance capital is VND 134,080,000,000, equivalent to 80% of total investment

Article 2: Board of Directors assigns Mr. JO HEONG KOOK – General Manager – the legal representative of the Company to explain the official procedures with the Agents to deploy the Project

Article 3: This resolution goes into effect on date of signature