Toyo Ventures Informed Of Contract Termination For Song Hau 2 Power Plant By Vietnam Ministry
Toyo Ventures Informed Of Contract Termination For Song Hau 2 Power Plant By Vietnam Ministry
At this time, the company said it is evaluating the implications of the notice and will be seeking legal advice to explore appropriate actions and remedies as per the terms of the BOT Contract. Toyo Ventures has informed that Song Hau 2 Power Company Limited, a wholly-owned subsidiary of Toyo Ink Group Berhad, today received a letter dated 1 July 2024 from the Vietnam Ministry notifying that the 90-day period since the issuance of the "Notice of Intention to Terminate" by Vietnam's Ministry of Industy and Trade (MOIT) has expired.
東洋風險投資公司告知，東洋油墨集團有限公司的全資子公司松厚二電力有限公司今天收到越南部2024年7月1日的來信，通知說，自越南工貿部（MOIT）發出 “終止意向通知” 以來的90天期限已經到期。
It also noted that since SH2P has still not remedied the financial arrangement for the project, thefore under the BOT Contract, MOIT notified SH2P of the effective termination of the Build-Operate-Transfer contract for the Project
它還指出，由於SH2P仍未糾正該項目的財務安排，因此根據BoT合同，工信部通知SH2P，該項目的建設-運營-移交合同已實際終止
With the issuance of said Notice, the BOT Contract for the Project stands terminated.
隨着上述通知的發佈，該項目的BoT合同終止。
At this time, the company said it is evaluating the implications of the notice and will be seeking legal advice to explore appropriate actions and remedies as per the terms of the BOT Contract.
目前，該公司表示正在評估該通知的影響，並將根據BoT合同的條款尋求法律諮詢，以探索適當的行動和補救措施。
譯文內容由第三人軟體翻譯。
