KUALA LUMPUR: Metal parts manufacturer, Kein Hing International Bhd
(KHIB), will buy an additional 24% equity in its Vietnam subsidiary, Kein Hing Muramoto (Vietnam) Co Ltd (KHMV), for US$1.1mil from KHMV director Shingo Muramoto.
KHIB said it entered into a conditional transfer agreement with Muramoto yesterday, which would see its current 51% stake increase to 75%.
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