Unique Fire to collaborate with Shanghai Mosafe on fire sprinkler business

KUALA LUMPUR: Unique Fire Holdings Bhd has entered into a joint venture agreement with Shanghai Mosafe Equipment Sdn Bhd and its Singaporean unit, Mosafe Protection Pte Ltd, with regards to the establishment of a joint venture company.

"This collaboration allows the parties to gather their respective resources, skills and expertise to carry on the business of the JV company, which will primarily be the manufacture, distribution, sale and supply of fire sprinklers across the globe (by the JV Company itself or through authorised representatives/third parties)," said Unique Fire in a bourse filing.