Brief: Cicor: Expanding Capacity At Thuan An City Site, Sees Annual Sales Of Over 400 Mln SFR

Cicor Technologies

26/09/2022 06:05

Sept 26 (Reuters) - Cicor Technologies Ltd  CICN.S :
    * CICOR IS EXPANDING CAPACITY AT ITS THUAN AN CITY (VIETNAM)
SITE
    * CICOR GROUP IS ACQUIRING AN ESTABLISHED ELECTRONICS
PRODUCTION
FACILITY IN IMMEDIATE VICINITY OF EXISTING CICOR FACTORY AND
DOUBLING ITS PRODUCTION SPACE IN VIETNAM SINGAPORE INDUSTRIAL
PARK 1, NEAR HO CHI MINH CITY, TO AROUND 14,000 SQUARE METERS
    * INVESTMENT VOLUME IN MID-SINGLE-DIGIT MILLION
    * THIS WILL GIVE CICOR CAPACITY TO REALIZE ANNUAL SALES OF
MORE
THAN CHF 400 MILLION

Source text for Eikon:  ID: 
Further company coverage:  CICN.S 
 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))