News

Toray makes strategic investment in fabric partner

07/07/2017

Japanese chemical and textile manufacturer Toray has acquired a 28% stake in Pacific Textiles, a Hong-Kong based manufacturer of customised knitted fabrics. The shares have been purchased for a little over $500 million from Far East Asia Limited, a company owned by Pacific Textiles director Ip Ping Im, and from his wife. The deal is expected to...

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