Announcement on behalf of New Legend, a material subsidiary of Nien Made for BoD has resolved direct or indirect investment plan reaches over 20% of the capital
· Issued by Nien Made Enterprise Co., Ltd.
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Today's Information
Provided by: Nien Made Enterprise Co., Ltd.
SEQ_NO
2
Date of announcement
2022/06/09
Time of announcement
16:11:48
Subject
Announcement on behalf of New Legend, a material
subsidiary of Nien Made for BoD has resolved direct or
indirect investment plan reaches over 20% of the capital
Date of events
2022/06/09
To which item it meets
paragraph 15
Statement
1.Date of the resolution of the board of directors or
shareholders meeting:2022/06/09
2.Content of the investment plan:
Board of Directors of New Legend Enterprises Limited, which is a 100% owned
subsidiary, has resolved to increase a total investment amount USD 25,000,000
to San Feng (Cambodia) Company Limited during 2022/05/04 to 2022/06/09.
3.Projected monetary amount of the investment:USD 25,000,000
4.Projected date of the investment:2022/05/04 to 2022/06/09.
5.Source of capital funds:Equity capital.
6.Specific purpose:For operational purposes.
7.Any other matters that need to be specified:None.
