ANI board approves borrowing from major shareholder to cut financing costs

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The board of Asia Network International, or ANI, has approved the company borrowing funds from its major shareholder to reduce financing costs and strengthen its business expansion. Mr. Sutthiphon Phummarin, ANI's chief financial officer, said this long-term borrowing gives the company low financing costs and reflects the major shareholder's confidence in the company's potential and growth outlook. The funds will be used to invest in business expansion.

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