Xin Hwa managing director Ng Aik Chuan said: “The proposed acquisition shall generate additional income stream to the group."
PETALING JAYA: Integrated logistics services provider Xin Hwa Holdings Bhd
is buying a 79% stake in Micron Metal Engineering Sdn Bhd for RM19.75mil from Hoon Eel An, Chia Ming How and See Kai Mun.
Set up in 2004, Micron is a homegrown precision machining components and parts manufacturer.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
