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Shenzhen Bestack Technologies Co., Ltd. plans to increase capital for its Vietnam subsidiary through its Hong Kong subsidiary

Released Date: Mar 10,2021 Article Source: HUANZE

Shenzhen Bestack Technology Co., LTD., recently announced that the company in2021years3month8The sixth meeting of the second Board of directors was held on January 6, deliberated and approved the Proposal on the Company's capital increase to Vietnam Boshi through its wholly-owned subsidiary in Hong Kong, intending to use its own funds to increase capital to Astro Boy Technology Co., LTD., a wholly-owned subsidiary in Hong Kong1900Usd 10, 000, and an additional capital increase from Astro Boy Hong Kong to Bostak Electronics Co., LTD. Vietnam1900The company will invest in US $10,000 according to the needs of business development. After the completion of the capital increase, Astro Boy Hong Kong's registered capital will increase to1901$10,000, Vietnam Bosch's registered capital will increase to2000Ten thousand dollars. Hong Kong's Astro Boy owns Vietnam's Boshi100%Equity.

Shenzhen Bestack Technology Co., LTD., recently announced that the company in2021years3month8The sixth meeting of the second Board of directors was held on January 6, deliberated and approved the Proposal on the Company's capital increase to Vietnam Boshi through its wholly-owned subsidiary in Hong Kong, intending to use its own funds to increase capital to Astro Boy Technology Co., LTD., a wholly-owned subsidiary in Hong Kong1900Usd 10, 000, and an additional capital increase from Astro Boy Hong Kong to Bostak Electronics Co., LTD. Vietnam1900The company will invest in US $10,000 according to the needs of business development. After the completion of the capital increase, Astro Boy Hong Kong's registered capital will increase to1901$10,000, Vietnam Bosch's registered capital will increase to2000Ten thousand dollars. Hong Kong's Astro Boy owns Vietnam's Boshi100%Equity.

Ring view:Shenzhen Best Star Technology Co., Ltd. is a national high-tech enterprise specializing in the development, production and sales of intelligent controllers and intelligent products. The capital increase will provide financial support for the company's overseas operations. It is beneficial to enhance the subsequent capital strength and operation ability of the Hong Kong subsidiary and the Vietnam company, and guarantee and consolidate the smooth development of the overseas market of the company.

Shenzhen Bestack Technologies Co., Ltd. plans to increase capital for its Vietnam subsidiary through its Hong Kong subsidiary

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