Brief: Hafary Holdings Announces Incorporation Of New JV, International Ceramics Manufacturing Hub
15/12/2022 11:20
Dec 15 (Reuters) - Hafary Holdings Ltd HFRY.SI :
* INCORPORATION OF A NEW JOINT VENTURE, INTERNATIONAL
CERAMICS
MANUFACTURING HUB
* PLANS TO INVEST 40 MILLION RGT TO EXPAND JV'S PRODUCTION
CAPACITY
* EXPANDED ITS OPERATIONS BY GAINING MANUFACTURING
CAPABILITIES
THROUGH INCORPORATION OF A NEW JOINT VENTURE CO
* JV TO MOVE UPSTREAM AND OVERCOME SUPPLY CHAIN CONSTRAINTS
AS
WELL AS LEVERAGE ON MAJORITY SHAREHOLDER HAP SENG CONSOLIDATED
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Further company coverage: HFRY.SI
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