【Chenming Electronic】The company's board of directors resolved to approve a cash capital increase for its Thai subsidiary Chenming Electronic Technology (Thailand) Co., Ltd.
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Chenming Electronic's board of directors has approved a USD 20 million cash capital increase for its Thai subsidiary, Chenming Electronic Technology (Thailand) Co., Ltd. This investment is intended for the construction of a new plant and the purchase of machinery and equipment in Thailand, as part of the company's strategy to expand its operations in the region.