Pou Chen Subsidiary Injects $99.99 Million USD into Indonesian Operations
Footwear manufacturing giant Pou Chen announced a $99.99 million USD capital increase for its Indonesian subsidiary, PT. Hardases Abadi Indonesia, aimed at supporting future operational planning.
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(CNA Reporter, Taipei, 24th) Major footwear manufacturer Pou Chen Corporation stated today that its subsidiary, Pou Yuen Industrial (Holdings) Limited, is injecting capital into PT. Hardases Abadi Indonesia, totaling $99.99 million USD (approximately NT$3.14 billion).
Pou Chen pointed out that PT. Hardases Abadi Indonesia is a 100% directly and indirectly owned subsidiary of Pou Yuen Industrial (Holdings) Limited. The cash capital increase involves the issuance of 99.99 million new shares at a price of $1 USD per share.
Pou Chen stated that this capital increase is based on operational planning. 1150424
Central News Agency
Grasp the New Southbound Policy and look toward the economic pulse of ASEAN. The Central News Agency's "Southeast Asia Finance and Economics Information Network" daily selects multiple financial headlines from countries such as Thailand, Vietnam, Indonesia, Malaysia, and the Philippines. Whether it's new government policies, industry trends, or investment opportunities, it allows you to instantly grasp key information, gain insights into the market, and seize business opportunities.
(CNA Reporter, Taipei, 24th) Major footwear manufacturer Pou Chen Corporation stated today that its subsidiary, Pou Yuen Industrial (Holdings) Limited, is injecting capital into PT. Hardases Abadi Indonesia, totaling $99.99 million USD (approximately NT$3.14 billion).
Pou Chen pointed out that PT. Hardases Abadi Indonesia is a 100% directly and indirectly owned subsidiary of Pou Yuen Industrial (Holdings) Limited. The cash capital increase involves the issuance of 99.99 million new shares at a price of $1 USD per share.
Pou Chen stated that this capital increase is based on operational planning. 1150424