AAV Joint Stock Company held a Board meeting and issued a resolution to adjust the capital utilization plan from the private placement. The decision entails changing the intended purposes for the raised capital, including investments in new development projects, enhancing infrastructure, and improving production capacity. The resolution emphasizes that these adjustments are aimed at optimizing the benefits from the raised capital, ensuring sustainable development for the company amid increasing competition. The adjustments are set to be implemented in the upcoming quarter.
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