Loc Troi Group (ticker: LTG) has announced its decision to borrow 250 billion VND from two subsidiaries: 200 billion VND from Loc Troi Agricultural Products and 50 billion VND from Loc Troi Seedling Company, with an interest rate of 5.5% per year and a duration of 1 year. This borrowing aims to support their production and business activities. Both subsidiaries are wholly owned by Loc Troi Group. Additionally, the group has requested an extension to publish its Q3 2025 financial report due to difficulties in data collection caused by management changes and an unavoidable event related to a financial crisis. The company has also modified its business model in the agricultural materials sector and requires time to address these challenges. The annual shareholder meeting for 2025 has been postponed to August 2025.
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