The Board resolution dated July 17, 2021, the BOD of Truong Thanh Furniture Corporation approved the following issues:
1) Approving the plan for using the proceeds from the private placement:
- To pay the company’s debts:
|
No.
|
Content
|
Amount (VND)
|
Expected time
|
|
1
|
Dong A Bank – Binh Duong branch
|
202,685,392,957
|
Quarter IV/2021
|
|
2
|
Doan Thi Diem Huyen
|
108,863,013,699
|
Quarter IV/2021
|
|
|
Total
|
311,548,406,656
|
|
- To supplement working capital: VND283,109,223,344.
2) Approving to supplement the dossier of registration for the stock private placement to swap debt and mobilize its capital in 2021.
- To amend the private placement Registration Certificate;
- The Board resolution approved the plan for using the proceeds from the private placement;
- Documents of using the proceeds;
- Other issues.
3) Approving the transaction with related person about borrowing working capital with total amount of less than 35% of total assets that recognized in the company’s latest financial statements.