Construction progress updated in August 2023 - TOYO INK COMPOUNDS Vietnam Factory Project Phase 3

At the end of August 2023, INVESTCORP 10 basically completed pouring heat-resistant concrete for the roof, painting and removing the scaffolding outside the house; complete indoor wall and ceiling beams for the factory.

In the warehouse area, INVESTCORP 10 completed the construction of plastering, painting, and connections to the current factory. In addition, the Company also completed the installation of the rainwater drainage system.

It is expected that in September 2023, INVESTCORP 10 will complete all remaining items, and will conduct acceptance with the Main Contractor and Investor.

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