Power Logic-KY Announces Board Approval for Capital Increase of USD 5 Million to Subsidiary POWER LOGIC HOLDINGS INC by its subsidiary
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Power Logic-KY announced that its board of directors has approved a USD 5 million capital increase for its subsidiary, POWER LOGIC TECH (THAILAND) CO., LTD. This funding aims to support the Thai subsidiary's operational development needs, including property and equipment acquisition and working capital.