[Baihe Co., Ltd.-KY] Announcement of Board Resolution by Subsidiary Vietnam Baihe Co., Ltd. Regarding Cash Capital Increase
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Baihe Co., Ltd.-KY announced that its subsidiary, Vietnam Baihe Co., Ltd., has resolved through its board of directors to conduct a cash capital increase of USD 120 million to repay bank loans. Following this increase, Baihe Co., Ltd. will hold a 44.51% stake in the Vietnamese entity.