Pou Chen's (TPE:9904) unit, High Glory Footwear India, plans to build a facility on rented land with a budget of $206.4 million.
The company will disclose details on the contract counterparty, terms, and timelines later, according to a Friday Taiwan Exchange filing.
The new facility will meet the footwear manufacturer's operational needs, it said.
Shares gained over 1% recently.
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