Joint Venture15 Jul 2025, 01:48 pm
Syrma SGS Technology Ltd Enters Joint Venture Agreement with Shinhyup Electronics Co. Ltd for Manufacturing PCBs
AI Summary
Syrma SGS Technology Ltd, a leading technology company, has entered into a Joint Venture Agreement with Shinhyup Electronics Co. Ltd, a South Korean company. The joint venture will be for manufacturing multi-layer Printed Circuit Boards (PCB) including flexible PCBs and similar other products. The Company will initially hold 75% shareholding in the Joint Venture Company and the balance 25% will be held by Shinhyup Electronics Co. Limited. This move is expected to strengthen Syrma SGS Technology Ltd's position in the global PCB market.
Key Highlights
- Syrma SGS Technology Ltd and Shinhyup Electronics Co. Ltd have entered into a Joint Venture Agreement.
- The joint venture will be for manufacturing multi-layer Printed Circuit Boards (PCB) including flexible PCBs and similar other products.
- The Company will initially hold 75% shareholding in the Joint Venture Company.
- Shinhyup Electronics Co. Limited will hold the remaining 25% shareholding.
- This joint venture is expected to strengthen Syrma SGS Technology Ltd's position in the global PCB market.