The Board of Directors of TCO has issued a resolution regarding the complete divestment of the company’s investment in Nam An Group Joint Stock Company. This decision is part of TCO’s restructuring efforts to optimize financial efficiency and make better use of capital. The divestment from Nam An is expected to bring economic benefits to TCO while allowing for potential investment opportunities in the future. The resolution outlines the steps to be taken during the divestment process, ensuring transparency and compliance with legal standards throughout the transactions. The Board believes that this decision will enhance operational efficiency and increase value for shareholders.
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