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Tung Kuang Industrial adjusts production capacity, project scope

October 7, 2025 at 06:05 PM UTCBy FilingReader AI

Tung Kuang Industrial Joint Stock Company (TKU) has officially announced changes to its investment registration certificate, effective October 3, 2025. The modifications, approved by the Dong Nai Industrial and Economic Zones Management Board, primarily involve a reduction in production capacity for certain aluminum products and an updated project scope. The total investment for the project remains at $45,000,000, with an allocated capital contribution of VND 468,813,980,000. The project, located at No. 3, Road 2A, Bien Hoa II Industrial Park, Long Hung Ward, Dong Nai Province, has an operational period of 50 years from April 5, 1995.

Key adjustments include the elimination of the objective to produce aluminum sheets and composite aluminum for construction. The production capacity for aluminum products (bars, tubes, sheets, meshes, wires) and related design, repair, and assembly services has been significantly reduced from 30,000 tons per year to 5,260 tons per year. Other production targets, such as aluminum accessories for installation (10,000 tons/year) and aluminum products for medical and sports fields, along with surface treatment of aluminum metals (15,000 tons/year), remain unchanged.

The revised certificate also includes a clarification of the project implementation location and confirms the investment entity as RICH INTERNATIONAL HOLDING L.L.C. and other common shareholders. The changes aim to streamline operations and update the project’s scope in line with current market conditions and strategic objectives.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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