KUCHING: Ceramic tile maker Kim Hin Industry Bhd
’s production capacity in Peninsular Malaysia will be raised by some 75% to seven million sq m of tiles a year on completion of the proposed acquisition of tile-maker Johan Ceramics Bhd.
Kuching-based Kim Hin would pay RM28mil for Johan Ceramics’ manufacturing facilities and assets, including trademark assignment, in Seremban, Negri Sembilan under a sale and purchase agreement signed on Dec 17.
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