YC Inox : 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.
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.
Attachments
Original Link
Original Document
Permalink
Disclaimer
YC Inox Co. Ltd. published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 07:43:02 UTC.
YC Inox Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of stainless steel products. The Companyâs primary products include stainless steel industrial pipes, stainless steel structure pipes, stainless steel thin plates, stainless steel thick plates, stainless steel angle products, stainless steel flat-rolled products and stainless steel channel section products. Its products are mainly applied in chemical, construction, food, environment protection, as well as fire fighting and telecommunication industries. The Company mainly distributes its products within domestic market and to overseas markets.
YC Inox : 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.
YC INOX CO.,LTD 
