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Malaysia: Toyo Tire to invest US$400m in Perak ops

Japanese tyre manufacturing company Toyo Tire & Rubber, which announced its acquisition of China-based tyre manufacturer Shandong Silverstone Luhe Rubber & Tyre on 30 June 2011, will invest Ringgits 1.2bn (US$400m) to expand Silverstone's operations in Perak in Malaysia. Through the acquisition, Toyo now has 100% equity of the local tyre Subscribe to Automotive World … Continued

Japanese tyre manufacturing company Toyo Tire & Rubber, which announced its acquisition of China-based tyre manufacturer Shandong Silverstone Luhe Rubber & Tyre on 30 June 2011, will invest Ringgits 1.2bn (US$400m) to expand Silverstone's operations in Perak in Malaysia.

Through the acquisition, Toyo now has 100% equity of the local tyre

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https://www.automotiveworld.com/articles/88234-malaysia-toyo-tire-to-invest-us-400m-in-perak-ops/

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