The board of the company approved the case of the company's capital loan to the Indian subsidiary
· Issued by Keding Enterprises Co., Ltd.
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Today's Information
Provided by: Keding Enterprises Co., Ltd.
SEQ_NO
6
Date of announcement
2022/08/09
Time of announcement
17:05:20
Subject
The board of the company approved the case of
the company's capital loan to the Indian subsidiary
Date of events
2022/08/09
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/08/09
2.Company name:Keding Enterprises Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
The board of the company approved the case of the company's capital
loan to the Indian subsidiary(Keding Enterprises Private Limited)
6.Countermeasures:NA
7.Any other matters that need to be specified:
The board approved the loan of 10 million INR to the
Indian subsidiary for the initial operation, and
authorized the chairman of the board to grant loans to the
same loan object in stages or to revolve the funds used.