Trademark: Kim Hin-manufactured tiles of varying shades and hues being dispayed at Kimgres Showroom in this file pic. The ceramic tile maker has purchased a high-profile two-level building in Victoria, Australia for RM29.98mil, saying that the acquisition would be in the group’s best interest.
KUCHING: Ceramic tile maker Kim Hin Industry Bhd has raised its stake in Kim Hin Ceramics (Shanghai) Co Ltd to 79.5% with the acquisition of an additional 8% equity interest.
The company paid some RM6.5mil in cash for the acquisition from Shanghai Kang Xing Realty Co Ltd.
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