TVS Motor arm to invest $1 mn in U.S.-based Altizon
Updated: Share Article AAA TVS Motor Company’s Singapore subsidiary will be investing $1 million in the U.S.-based Altizon Inc. to further strengthen its partnership with the latter. As per the deal, about 2.12 lakh series A preferred stock will be issued by Altizon Inc. to TVS Motor Singapore Pte. Ltd., (TVSM) which is already a shareholder in Altizon. With this investment, TVSM will further strengthen its partnership with Altizon in continuing its journey of growth and market leadership. TV...
Source: thehindu.com