CAV: Board approves agreements with related parties

HOSE - 22/07/2022 9:12:00 AM

On July 14, 2022, the Board of Directors of Vietnam Electric Cable Corporation (CADIVI) approved the policy on signing the agreements and transactions between CADIVI and related parties. Accordingly, the trading parties include Gelex Group, GELEX Electric Equipment Joint Stock Company and GELEX Infrastructure Joint Stock Company. The value of each agreement will be less than 35% of total assets of CADIVI in the latest financial statements. 

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