SINGAPORE (Yosefardi) – SGX-listed Sunningdale Tech Ltd has incorporated a subsidiary in Indonesia known as PT Sunningdale Tech Batam.
The company has issued share capital of US$250,000. Sunningdale Tech Ltd holds 70% shares, while Sunningdale Precision Industries, subsidiary of Sunningdale Tech, controls the balance.
The Indonesian subsidiary will engaged in plastic manufacturing.
Sunningdale Tech is a leading manufacturer of precision plastic components. It has manufacturing facilities in Singapore, Malaysia, China, Sweden, and Mexico.