Thai AAPICO sets JV with Singapore's Fischer

Newswire

BANGKOK, March 19 (Reuters) - Thai auto-parts maker AAPICO Hitech said on Friday it has entered into a joint venture agreement with Singapore's Fischer Tech to produce plastic auto parts to tap into a booming automotive industry. AAPICO said in a letter to the exchange that Fischer AAPICO Co Ltd, a joint venture between AAPICO Hitech and Fischer Tech with initial registered capital of 50 million baht ($1.3 million), would start production in the fourth quarter this year. The initial paid ...

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