Thai Marujun Co., Ltd. announced that it expects to receive THB 300 million in funding from Marujun Co., Ltd.
April 16, 2012 at 09:30 am IST
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Thai Marujun Co., Ltd. announced that it will raise THB 300,000,000 funding on April 16, 2012. The company will issue 300,000 shares at THB 1,000 per share. Existing investor and parent Marujin Co., Ltd. will subscribe to the full amount of the capital increase and will hold 89.56% on completion of the transaction. The transaction is expected to complete by June 15, 2012.
J-Max Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of body stampings and molds for automobiles. The Company operates in four segments. The Marujun segment, Thailand segment, Guangzhou segment and Wuhan segment are engaged in the manufacture and sale of body stampings and precision stampings for automobiles, stamping molds, welding jigs, inspection tools and other equipment in Japan, Thailand and Guangzhou and Wuhan of China. The main products include automobile body stampings such as front pillars, side sills, center pillar inner products, bumpers, hybrid car parts, hood hinges and steering hanger beams, precision parts such as clutch drums, clutch pistons, planetary carriers, belt pulleys and stator holders, various molds, jigs and inspection tools such as front door inner products single and composite inspection tools and others.