[Pou Chen] Subsidiary Pou Yuen Announces $99.99M Capital Increase in PT. Hardases Abadi Indonesia
Pou Chen Corporation's subsidiary, Pou Yuen Industrial (Holdings) Limited, will inject USD 99.99 million into its Indonesian subsidiary, PT. Hardases Abadi Indonesia, to support its operational expansion.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 25, 2026 at 09:50 (1h 50m after Collected)
1. Name and nature of the target: Equity of PT. Hardases Abadi Indonesia.
2. Date of occurrence: April 24, 2026.
3. Date of board approval: April 24, 2026.
4. Transaction details: 99,990,000 shares at USD 1 per share, totaling USD 99,990,000.
5. Relationship: The target is a 100% directly or indirectly owned subsidiary of Pou Yuen Industrial (Holdings) Limited.
6. Payment: Cash payment.
7. Purpose: Operational planning.
8. Asset ratio: This transaction accounts for 10.66% of total assets in the latest financial report.
Keywords: Material Information
2. Date of occurrence: April 24, 2026.
3. Date of board approval: April 24, 2026.
4. Transaction details: 99,990,000 shares at USD 1 per share, totaling USD 99,990,000.
5. Relationship: The target is a 100% directly or indirectly owned subsidiary of Pou Yuen Industrial (Holdings) Limited.
6. Payment: Cash payment.
7. Purpose: Operational planning.
8. Asset ratio: This transaction accounts for 10.66% of total assets in the latest financial report.
Keywords: Material Information