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Corporate News

Ge-Shen acquires 40% stake in EMS firm for RM48mil

PETALING JAYA: Ge-Shen Corp Bhd is proposing to acquire a 40% stake in Local Assembly Sdn Bhd, an electronic manufacturing service (EMS) provider, for RM48mil.

In a statement, the contract manufacturer said the acquisition will expand its presence in the EMS market.

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Ge-Shen , EMS

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