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Cheng Shin Rubber increased capital in Indonesia factory

Author: Xuda Wang Comments: 0
The Ring RTC1000 earned a five-star review for its huge backlit digital display, rotary auto-stop control and 3.5-metre-long power cable (Photo: Cheng Shin)

On 10 November, Cheng Shin Rubber Ind., Co., Ltd. announced that it is preparing to increase the capital of PT. Maxxis International Indonesia by US$30 million (about £25.53 million pounds; 29.01 million euros). Cheng Shin Rubber said that the capital increase meets the operation’s needs.

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