Sin Line Tek to become Ta Win subsidiary

Following the completion of the proposed acquisition, Sin Line Tek will become a 51%-owned subsidiary of Ta Win Holdings.

KUALA LUMPUR: Ta Win Holdings Bhd has proposed to acquire 1.74 million ordinary shares in Sin Line Tek Electronic Co Sdn Bhd (Sin Line Tek), which would add value and penetrate into the downstream segment of the copper rod and wire supply chain.

Following the completion of the proposed acquisition, Sin Line Tek will become a 51%-owned subsidiary of Ta Win Holdings.