Wah Seong pipes coating factory. (File pic)
PETALING JAYA: Wah Seong Corp Bhd’s indirect, wholly-owned subsidiary, Syn Tai Hung Trading Sdn Bhd, is disposing of a 70% stake in of Spirolite (M) Sdn Bhd for RM30.37mil.
In a filing with Bursa Malaysia yesterday, Wah Seong said the disposal signifies divestment of non-core businesses within the group and to streamline its business operations.
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