On October 15, 2023, the Board of Directors of TMS Joint Stock Company approved a resolution regarding the extension of a short-term loan. This loan was signed with a bank to optimize cash flow and increase liquidity for the company in the current market context. The extension will last for an additional 6 months, giving TMS more time to plan its financials and investments. This extension is deemed necessary and beneficial for the company’s long-term business operations.
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