Scope Industries disposes of loss-making subsidiary for RM96.7mil


PETALING JAYA: Scope Industries Bhd is disposing of its wholly-owned subsidiary, Scope in Scope Manufacturers (M) Sdn Bhd (SMSB), to Singapore-based Luxshare Precision Singapore Pte Ltd for RM96.7mil.

In a filing with Bursa Malaysia, Scope said that since its inception, it has been principally involved in the manufacturing business, which is operated via SMSB.

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