PETALING JAYA: The takeover offer by auto parts manufacturer MBM Resources Bhd on Thursday for Hirotako Holdings Bhd, which makes car safety restraint equipment, will help Hirotako to clinch more and bigger deals.
According to OSK Research, though the deal did not see much synergy as Hirotako served an entirely different set of products, its profile would be raised in clinching bigger deals since Daihatsu Motor Corp is a common shareholder in MBM's subsidiaries and associate companies (Daihatsu Motor Corp and Perodua).