Nien Made : 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
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.
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Disclaimer
Nien Made Enterprise Co. Ltd. published this content on 09 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2022 08:21:04 UTC.
Nien Made Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the production and sales of curtains and curtain parts. The Company's main products include shutters, soft shades and blinds. The Company distributes its products in domestic market and to overseas markets, such as the Americas and Europe.
Nien Made : 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
NIEN MADE ENTERPRISE CO., LTD. 
