Pou Chen's Indian Unit to Construct Facility for $206 Million

MT Newswires Live
17 Feb

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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