On October 27, 2021, the Board of Directors of Taya (Vietnam) Electric Wire and Cable Joint Stock Company approved the loans from Mega ICBC and SinoPac as follows:
1) Approving a credit limit loan at Mega ICBC – Hochiminh Branch: USD7,000,000;
- Approving a credit limit loan at Mega ICBC – OBU Branch: USD3,500,000;
- The total limit of the two loans will not more than USD7,000,000.
2) Approving a short-term credit limit loan at SinoPac – Hochiminh Branch: USD6,000,000.