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DCL: Board resolution on investment policy
HSX - 1/2/2020 9:48:00 AM
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On December 30, the Board of Directors of Cuu Long Pharmaceutical Joint Stock Corporation approved the policy on the investment and expansion of Capsule Factory for the fourth and fifth phases as follows:

1. Capsule Factory – Phase 4

-       Capacity before the expansion: 5.5 billion capsules/year

-       The estimated increase in capacity: 2.4 capsules/year

-       Total estimated investment: VND130 billion

-       Time of implementation: starting from Quarter 2/2020 to Quarter 4/2020.

2. Capsule Factory – Phase 5

-       Capacity before the expansion: 7.9 billion capsules/year

-       The estimated increase in capacity: 2.4 capsules/year

-       Total estimated investment: VND130 billion

-       Time of implementation: in 2021.

 

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