Tien Wah Press sells printing assets


KUALA LUMPUR: Tien Wah Press Holding Bhd (TWP) has proposed to sell its printing assets in Malaysia to executive chairman and major shareholder for RM1.29mil cash, as the company shifts production volume to Vietnam and Indonesia.

“The disposal will realise the value of some of the assets which are no longer used or required by the group,” it said in a filing with Bursa Malaysia today.

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