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SITT Tatt Bhd plans to establish a joint venture company in China with a local partner to carry out semiconductor-related businesses, executive deputy chairman Tan Sri Dr Mohan M.K. Swami said.
PAN Malaysian Industries Bhd (PMI) now owns 90.67% of Metrojaya Bhd's (MJB) shares, but has yet to cross the threshold that would make it compulsory for holders of the remaining MJB shares to sell them to PMI.