PT. FUJIKURA KASEI INDONESIA announced that it will receive IDR 67.3 billion through capital increase on July 29, 2022. The transaction will include participation from returning investor, Fujikura Kasei Co., Ltd. and new investor, Fujikura Kasei (Thailand) Company Limited.

Both the investors will own 39.8% post closing of the transaction. The transaction is expected to close in September 2022. The transaction has been approved by the board of directors of Fujikura Kasei Co., Ltd.