Kian Ho Bearings Ltd announced that it had established a subsidiary company, Excel (Hangzhou) Power Transmissions Co., Ltd on July 17, 2008 with a registered capital of USD 100,000. The Company's share of investment in Excel (Hangzhou) Power Transmissions Co., Ltd is USD 70,000 which is equivalent to 70% of the share capital of Excel (Hangzhou) Power Transmissions Co., Ltd.
Kian Ho, first established as a sole proprietorship in 1956, is now one of the largest stockists, distributors and retailers of bearings and seal products in Singapore, catering primarily to the replacement market.
Other News:
Kian Ho Bearings Ltd Announces Establishment Of Subsidiary
SKF Large-Diameter Radial Shaft Seals (Pic)
U.S. Commerce Initiates Dumping Duty Reviews
A Sealing System Created Specifically for the Renewable Energy Industry
NN,Inc. Announced Payment of Regular Quarterly Cash Dividend
Takeover Bid Now in Rethink at 8 percent
Continental AG Resumes Takeover Talks with Schaeffler
Plastic Bearing Firm Helps Staff to Stay in Touch in the Field