20 MICRONS LTD. Approves Investment in Malaysian Subsidiary & Loans to Two Foreign Subsidiaries

20 MICRONS LTD. has approved investment in its Malaysian subsidiary, 20 Microns SDN BHD, amounting to RM 12,000,000 (Approx. INR 21.28 Crore). The subsidiary will utilize the funds for acquisitions in Malaysia. The company also approved granting of loans to two foreign subsidiaries: 20 Microns SDN BHD, Malaysia (up-to RM 8,000,000 or Approx. INR 14.19 Crores) and 20 Microns Vietnam Company Limited (up-to INR 10). The loan agreements will be executed upon finalization of terms and conditions.