Shin Yang buys firms for RM145mil


PETALING JAYA: Shin Yang Group Bhd has entered into two conditional share sale agreements for the acquisition of four companies for RM144.5mil.

In a filing with Bursa Malaysia, the shipping group announced that it had entered into a conditional share sale agreement with Shin Yang Holding Sdn Bhd, KTE Motors Sdn Bhd and Ling Chiong Sing to acquire a 100% equity interest in Boulevard Jaya Sdn Bhd.

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