InnoTek subsidiary increases capital to $4.8 mil from $3.1 mil

Mansfield (Thailand), a subsidiary of Mansfield Manufacturing Company Limited, which is, in turn, a subsidiary of InnoTek Limited, has increased the capital from 70 million baht ($3.1 million) to 110 million baht on Jan 11.

The increment was made in the form of conversion of part of the outstanding loans from its parent company to Mansfield Thailand.