Moen Electric announced that according to the company's business development plan, in order to deepen the strategic layout of international development, maintain and expand the company's overseas business, and enhance the company's overall operation management efficiency and market competitiveness, the company plans to establish two wholly-owned subsidiaries, Moen (Singapore) Co., Ltd. (hereinafter referred to as “Moen Singapore”, tentative name) and Moen Cable (Singapore) Co., Ltd. (hereinafter referred to as “Moen Cable Singapore”, tentative name) in Thailand with its own capital of 10 million US dollars to invest in the above two subsidiaries (hereinafter referred to as “Moen Thailand”, tentative name) carries out R&D, production and sales of wire and cable products.
摩恩电气：拟1000万美元在新加坡设立两家全资子公司 并投资设立全资孙公司
Moen Electric: Plans to establish two wholly-owned subsidiaries and invest in the establishment of wholly-owned subsidiaries in Singapore for 10 million US dollars
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