Announcement on behalf of the subsidiary YC INOX TR Celik Sanayi ve Ticaret A.S. that the Board of Directors has adopted the capital expenditure budget.
· Issued by Yc Inox Co.,ltd
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Today's Information
Provided by: YC INOX CO.,LTD
SEQ_NO
1
Date of announcement
2022/03/29
Time of announcement
15:29:13
Subject
Announcement on behalf of the subsidiary YC INOX
TR Celik Sanayi ve Ticaret A.S. that the Board of
Directors has adopted the capital expenditure budget.
Date of events
2022/03/29
To which item it meets
paragraph 15
Statement
1.Date of the resolution of the board of directors or
shareholders meeting:2022/03/29
2.Content of the investment plan:
The Board of Directors has adopted the mill construction plan and related
capital expenditure budget.
3.Projected monetary amount of the investment:TRY1,398,160,000
(approximately NT$2.71 billion).
4.Projected date of the investment:N/A.
5.Source of capital funds:Private capital.
6.Specific purpose:Mill construction purchase of equipment.
7.Any other matters that need to be specified:Actual payment amount will be
determined according to the execution progress and payment terms.
