ST Engrg

ST Engrg: Has injected US$6.66m (about $8.59m) into Jiangsu Huatong Kinetics. This is the first progressive proportionate capital contribution of a new plant. A further injection of US$22.1m will be injected as needed for the new plant to be completed by 2014. Co will maintain a sh/h of 75.3% after the capital injection. Jiangsu Huatong manufactures Asphalt Pavers, Milling Machines, Motor Graders and Asphalt Batching Plants