Ta Win completes acquisition of 32.5% stake in Royce Pharma

KUALA LUMPUR: Copper products maker Ta Win Holdings Bhd’s healthcare subsidiary, Ta Win Copper Biohealth Sdn Bhd (TWCB), has completed the acquisition of a 32.5 per cent equity interest stake in Royce Pharma Manufacturing Sdn Bhd for RM20.85 million.

In a statement today, Ta Win group managing director Datuk Seri Ngu Tieng Ung said the acquisition would enable the group to capitalise on Royce Pharma’s robust pharmaceutical capabilities and experience.