Samkee to sell Chinese subsidiary

Samkee Automotive Co., Ltd. (Samkee Automotive) announced that it will sell its Chinese subsidiary, Samkee Automotive (Shandong) Co., Ltd., to a local company as of April 28, 2024. The acquisition cost will be CNY 75.89 million (JPY 1.5 billion). The aluminum die casting manufacturer decided to sell the subsidiary to....

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