KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) is buying out its 51% partner Destini Bhd’s stake in a shipbuilding company for RM121,131.
TTHE said the proposed acquisition of the stake in THHE Destini Sdn Bhd (TDSB) was in line with the group’s intention to grow its shipbuilding and ship-repair business. THHE currently owns 49% of TDSB.
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