CHO’s Shareholders Approve ฿1bn of Debentures for Business Expansion and Working Capital

CHO’s Shareholders Approve ฿1bn of Debentures for Business Expansion and Working Capital.

Cho Thavee Public Company Limited (CHO) has announced that the shareholders in the Extraordinary General Meeting of Shareholders No.1/2019 of CHO held on Wednesday, September 11, 2019, has approved the issuance and offering of debentures for another 1,000 million baht.

CHO will have a credit limit of the debentures for issuance and offering not exceeding 2,000 million baht if Include with the debentures that has been approved at the Annual General Meeting of Shareholders of the year 2016.

The objective of the issuance and offering of debentures is for the operation and/or expansion of the business and/or working capital of CHO or other purposes as the Board of Director deems fit.

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