Shinchang Electrics turns STF into wholly-owned subsidiary

Shinchang Electrics Co., Ltd. announced that it will increase its investment in STF Co., Ltd., raising its shareholding in the company from 40.0 percent at present to 100.0 percent. STF, based in Cheonan, Chungcheongnam-do, manufactures and sells automotive electronics components. The company was established in 2002 ....

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