The Board of Directors (BOD) of HMC has approved a resolution regarding the signing of credit contracts with banks. The purpose of this action is to enhance financial capacity and meet the capital needs for projects while expanding business operations. The BOD has designated specific banks to negotiate and establish contract terms. The contract implementation will proceed in the shortest time possible to comply with financial and legal regulations. The BOD is committed to overseeing the contract execution to ensure the effectiveness and feasibility in utilizing the borrowed capital.
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