The Board of Directors (BOD) of SHA has issued a resolution regarding the guarantee of a credit limit for one of its subsidiaries. This resolution aims to assist the subsidiary in raising the necessary capital for its production and business activities. The guarantee not only provides the subsidiary with additional financial strength but also demonstrates SHA’s commitment and responsibility towards its subsidiaries in the system. The BOD has thoroughly discussed and considered the financial conditions of the subsidiary before making this decision. The resolution was passed with a strong consensus among the board members.
Leave a Reply