【San Neng-KY】Announcement by subsidiary East Gain Investment Limited regarding planned capital increase for PT. Sanneng Asia Industry Indonesia
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San Neng-KY's consolidated subsidiary, East Gain Investment Limited, announced a capital increase of USD 4 million (accumulated USD 5.8 million) for PT. Sanneng Asia Industry Indonesia to support business expansion. This is part of the group's overseas expansion strategy and will be funded by own capital and bank loans.