Thailand N.D. Rubber acquires 35% stake of ETRAN Thailand to expand electric motorcycle business


On May 12, 2021, N.D. Rubber (NDR) PCL announced to the Stock Exchange of Thailand that the firm has been approved by its Board of Directors to acquire new ordinary shares in ETRAN Thailand Co., Ltd. (ETRAN), representing 35% of paid-up capital of ETRAN or equal to NDR’s total investment of THB 60.2 Million.
ETRAN i....

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