[DISCLOSURE] LS Cable and System Asia (229640) said on April 5 that it plans to invest 10.0 billion won (US$9.44 million) in its Vietnamese subsidiary LS Vina to expand Cu-Rod manufacturing facility.
This amounts to 22.08 percent of its equity capital and the investment period is until April 30, 2019.
By Hwang You-mee (glamazon@heraldcorp.com)