SCIENTEX Inc Bhd (SIB) announced two proposed acquisitions through its subsidiary in Japan, Scientex Polymer (Japan) Co Ltd, to allow the group entry into the global automotive market.
The two acquisitions are 50% of the issued and paid up share capital of Yamatex (M) Sdn Bhd for RM2.72mil and 60% in capital of Yamato Polymer (Vietnam) Co Ltd (Yamato Polymer) for RM3.53mil.
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