T
h
e board of Moso Power has agreed to invest HK$ 9mnmore in Hongkong Moso with its equity fund.
The board of Moso Power, China’
s
leading LED driver manufacturer, has agreed to invest HK$ 9mn more in Moso Power Technology (Hongkong) International Co., Ltd (Hongkong Moso). After the capital injection, the registered capital of Hongkong Moso will be HK$ 10mn and Moso still holds its 100% stock ownership.
This round of capital injection aims to cater to the market trend, improve the financial structure of Hongkong Moso effectively, meet the financial needs for its further development and guarantee the long-term and stable development of the company.