CANG YOU Resolves to Increase Capital in Malaysian Subsidiary by US$2.2 Million to Meet Factory Construction Needs
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CANG YOU, a transmission system manufacturer, announced that its board of directors resolved to increase capital in its Malaysian subsidiary, YORU TECH SDN. BHD., by US$2.2 million to meet the subsidiary's factory construction needs. This brings the cumulative investment to US$8.8 million.