Sunshine Group approves $3.17 bn inter-company loan for subsidiaries

Sunshine Group Joint Stock Company announced the approval of a substantial inter-company loan transaction between two of its subsidiaries: Sunshine Tay Ho Joint Stock Company and DIA Investment Joint Stock Company. The loan, totaling 3,170,000,000,000 dong, has a term of 12 months with an annual interest rate of 10%. This financing is intended to supplement working capital for business operations and fund various investment projects, with implementation expected in 2025.

Sunshine Tay Ho Joint Stock Company will act as the lender. DIA Investment Joint Stock Company will be the borrower. Both entities are wholly owned subsidiaries of Sunshine Group.

Do Anh Tuan has been authorized to oversee the implementation of this transaction, acting as the authorized representative for Sunshine Group's shareholding in both DIA and Sunshine Tay Ho. He also has the authority to delegate these responsibilities further.