Victory Giant Technology (02476) plans to make additional investments of no more than US$800 million and US$700 million in its wholly-owned indirect subsidiaries Victory Giant Technology (Thailand) and Victory Giant Technology (Vietnam), respectively.
Victory Giant Technology (02476) announced that, in order to further advance the company's globalization strategy, seize the high-end printed circuit board (PCB) market opportunities brought by the rapid development of the artificial intelligence industry, further advance the construction of production bases in Thailand and Vietnam, accelerate the release of overseas capacity, alleviate current capacity bottlenecks, and optimize the company's global capacity layout and resource allocation, the company plans to make additional investments through its wholly-owned Singapore subsidiary Victory Giant Technology (Singapore) in its wholly-owned indirect subsidiaries Victory Giant Technology (Thailand) and Victory Giant Technology (Vietnam), with additional investment amounts of no more than US$800 million and US$700 million, respectively, mainly for plant construction, equipment procurement, and other matters related to daily business operations.
Victory Giant Technology (02476) announced that, in order to further advance the company's globalization strategy, seize the high-end printed circuit board (PCB) market opportunities brought by the rapid development of the artificial intelligence industry, further advance the construction of production bases in Thailand and Vietnam, accelerate the release of overseas capacity, alleviate current capacity bottlenecks, and optimize the company's global capacity layout and resource allocation, the company plans to make additional investments through its wholly-owned Singapore subsidiary Victory Giant Technology (Singapore) in its wholly-owned indirect subsidiaries Victory Giant Technology (Thailand) and Victory Giant Technology (Vietnam), with additional investment amounts of no more than US$800 million and US$700 million, respectively, primarily for the construction of factory buildings, purchase of equipment, and other matters related to daily operating activities.
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