PETALING JAYA: Kumpulan Perangsang Selangor Bhd (KPS), the company controlled by the Selangor state government, is buying a plastic injection moulding firm in Penang for RM250mil cash.
The purchase of CPI (Penang) Sdn Bhd marks KPS’ entry into the electronic manufacturing services (EMS) sector with global clientele across the automotive, healthcare, telecommunications, as well as industrial and consumer industries.
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