The Board of Directors of VTR has approved a resolution allowing the company to enter into a loan agreement to meet financing needs for development projects. This decision comes amid the company’s requirement to raise additional funds to execute future business plans. The loan agreement will provide VTR with necessary capital to invest in infrastructure and enhance production capacity. The Board deliberated thoroughly and agreed that borrowing is a reasonable strategy to ensure growth and expand the company’s operations in the coming phase. Specific terms regarding the loan amount, interest rate, and duration will be negotiated in the upcoming contract.
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