SEE: UOB Kay Hian cites BRC Asia, Food Empire, Frencken and InnoTek as small-mid cap picks
Mansfield Thailand is primarily in the business of manufacturing and sales of metal stamping, tooling, plastic injection and related products for the office automation and automotive industry.
The increase in capital is not expected to have any material impact on the company for the financial year ended Dec 31, 2020.
Shares in InnoTek closed flat at 63 cents on Jan 11.