Sanichi MD, PNE PCB ED launch takeover of BSL Corp

BSL Corp is a metal stamping company which started out as a supplier of product and services to top Japanese brands involved in electrical and electronics products.

KUALA LUMPUR: Sanichi Technology Bhd managing director Datuk Seri Pang Chow Huat and PNE PCB Bhd executive director Ho Jien Shiung have teamed up to launch a takeover of BSL Corp.

They had acquired a 51.72% stake or 49.98 million shares in BSL Corp for RM57.47mil or RM1.15 a share from Esteem Role Sdn Bhd in the morning session on Wednesday in an off-market deal.