[DISCLOSURE]
TCK (064760) announced on July 19 that it has decided to invest 48.33 billion won (US$42.68 million) in building a new factory to expand manufacturing capacity to meet growing demands from clients.
This amounts to 33.2 percent of its equity capital and the investment period is until Sept. 30, 2019.
By Hwang You-mee (
glamazon@heraldcorp.com)