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| Exchange Received Time 13/10/2017 16:52:35 Exchange Disseminated Time 13/10/2017 16:52:39 Time Taken 00:00:04 | | Polyplex (Thailand) Public Company Limited, Thailand (PTL), a subsidiary of the Company in which our Company has 51% stake in equity share capital, to set up a greenfield PET Film Line project of a capacity of 44,000 TPA alongwith upstream resin line and downstream coating plant, in Indonesia at an estimated cost of USD 95 Million (including Working Capital of USD 15 Million), we have to inform you that PTL has incorporated on October 11, 2017, a new company 'PT Polyplex Films Indonesia' as its wholly owned subsidiary in Indonesia for implementation of the aforesaid project. |
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