Wiwynn's Malaysian subsidiary invests $41.3 million in operating equipment

ASEAN Finance Special Report (300 articles total)

Grasp the New Southbound Policy and look towards ASEAN economic trends. CNA's "Southeast Asia Financial Information Network" selects multiple financial headlines from Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and other countries daily. Whether it's new government policies, industry trends, or investment opportunities, we provide you with timely key information to understand the market and seize business opportunities.

(CNA Taipei, June 30) Wiwynn announced today on behalf of its Malaysian subsidiary, Wiwynn Technology Service Malaysia SDN. BHD., that it has invested $17.112 million and $24.195 million, respectively, in operating equipment.

According to the announcement, Wiwynn's subsidiary, Wiwynn Technology Service Malaysia SDN. BHD., invested $17.112 million to purchase operating equipment from non-related party S.F. Mechanical Industrial Co., Ltd.

Additionally, Wiwynn Technology Service Malaysia SDN. BHD. invested $24.195 million to purchase operating equipment from non-related party Panasonic Industry Technology Co., Ltd.

According to financial information released by Wiwynn, as of the end of the first quarter of this year, Wiwynn's investment balance in its Malaysian subsidiary, Wiwynn Technology Service Malaysia SDN. BHD., reached NT$12.38 billion. 1150630

Stand with facts, your every contribution supports the power of press freedom.

Download the CNA "First-Hand News" APP to get the latest news in real-time.

No reproduction, public broadcast, public transmission, or use of the text, images, or audio/video on this website is permitted without authorization.