HEM: Board resolution
HEM: Board resolution
On 16 Oct 2018, Hanoi Electromechanical Manufacturing Joint Stock Company announced the board resolution as follows:
Article 1: Approve that HEM borrows capital from VIETNAM ELECTRICAL EQUIPMENT JOINT STOCK CORPORATION to supplement working capital as follows:
- The borrowing: VND 65 billion
- Loan term (maximum): 6 months
- Interest rate: 10%/ year (pay interest at the last of the term)
Article 3: This resolution took effect from the date of signature.
HNX