Meiko to inject $20M into Vietnam subsidiary to build third PCB factory

Japan's Meiko Corporation (Ayase, Kanagawa) will inject USD 20 million (about JPY 3.26 billion) into its Hanoi-based consolidated subsidiary Meiko Electronics Quang Minh (MKQC), raising its capital to USD 30 million. The funds will be used to build a third factory at MKQC's Quang Minh industrial park site as part of Meiko's mid-term growth investment plan, with the capital injection due August 25.