OYL Industries Bhd has announced the acquisitions of subsidiary companies in Italy and Mexico in two separate filings to the KLSE.
IMcQuay Italia SpA, an indirect wholly-owned subsidiary, has raised its equity interest in McQuay Services SrI to 70% from 40% via the acquisition of an additional 30% stake from its joint-venture partner, Termotec SrI for 584,600 euro (RM2.3mil), OYL said yesterday.
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