[Cheng Loong] Announcement of Board of Directors' Resolution to Increase Capital for Cheng Loong Southeast Asia Holding Co., Ltd.
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Cheng Loong announced its Board of Directors has resolved to increase the capital of its wholly-owned subsidiary, Cheng Loong Southeast Asia Holding Co., Ltd., by USD 50,000,000. This capital injection is intended for transferring to Cheng Loong Vietnam Paper Investment Co., Ltd. to support its operations.