Pou Chen Subsidiary to Invest USD 66.8M to Build New Factory in Indonesia

Pou Chen Industrial Co., Ltd. (Ticker: 9904) announced on April 21, 2026, that its board of directors has approved a factory construction project by its subsidiary, PT. Hardases Abadi Indonesia. The project involves building a manufacturing plant on self-owned land. The estimated budget for the construction is approximately IDR 1,123.8 billion, which is equivalent to about USD 66.8 million. The primary purpose of this investment is to expand production capacity to meet the company's long-term operational needs and customer demand. The specific contractor for the construction has not yet been determined and will be announced at a later date. This strategic expansion further strengthens Pou Chen's manufacturing footprint in Southeast Asia.