Brief: Billion Industrial's Board Approves Investment Plan Of $230 Mln By Billion High-Tech

Billion Industrial Holdings

06/03/2019 09:25

March 6 (Reuters) - Billion Industrial Holdings Ltd
 2299.HK :
    * APPROVED INVESTMENT PLAN OF ABOUT US$230 MILLION BY
BILLION
HIGH-TECH OVER A PERIOD OF 3 YEARS FROM 2019 TO 2021
    * BILLION HIGH-TECH TO PURCHASE 2 POLYESTER THIN FILM
PRODUCTION
LINES FOR ABOUT US$41 MILLION FROM A VENDOR
    * NEW MANUFACTURING FACILITIES UNDER PROPOSED INVESTMENT TO
DOUBLE
CO'S CURRENT PRODUCTION CAPACITY OF POLYESTER THIN FILM
    * INVESTMENT TO ESTABLISHING PRODUCTION LINES FOR POLYESTER
THIN
FILMS

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 (Reuters.Briefs@thomsonreuters.com)