Xin Hwa to acquire 79% stake in Micron Metal for RM19.75mil

KUALA LUMPUR: Xin Hwa Holdings Bhd has proposed to acquire a 79% stake in Micron Metal Engineering Sdn Bhd for RM19.75mil.

The integrated logistics services provider, in a filing with Bursa Malaysia, said it had entered into a conditional share sale agreement (SSA) with Hoon Eel An, Chia Ming How and See Kai Mun for the proposed acquisition.