China's CIMEN Adds $20.5 Million to its Thai Subsidiary

After CIMEN hands in hand with KUKA...

 

On the evening of November 6, CIMEN Furniture Co., Ltd. (hereinafter referred to as “CIMEN”) announced that in order to successfully implement the “Thailand Furniture Manufacturing Base Construction Project”, it is proposed to partially raise funds and partially own or self-raised funds to subsidiaries. Sleemon (HongKong) Investment Co., Limited (hereinafter referred to as "Sleemon (Hong Kong, China)") increased capital of 20.5 million US dollars, and through Sleemon (HongKong) to the subsidiary SaffronLivingCo., Limited increased capital of 20.5 million US dollars.

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