Corporate News 16-Aug-16
Minda Corporation provides update on subsidiary
Minda KTSN Plastic Solutions GmbH enters into 50:50 JV with Beiqi Haihua Automobile Parts, China
Minda Corporation announced that Minda KTSN Plastic Solutions GmbH & Co. KG, Germany (a wholly owned subsidiary of Minda Corporation), has entered into a 50:50 joint venture with Shandong Beiqi Haihua Automobile Parts Co., Ltd., China on 12 August 2016 for manufacture of automotive plastic parts. The total cost of investment is USD 12.5 million.
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