Xin Hwa managing director Ng Aik Chuan said: “The proposed acquisition shall generate additional income stream to the group."
PETALING JAYA: Integrated logistics services provider Xin Hwa Holdings Bhd
is buying a 79% stake in Micron Metal Engineering Sdn Bhd for RM19.75mil from Hoon Eel An, Chia Ming How and See Kai Mun.
Set up in 2004, Micron is a homegrown precision machining components and parts manufacturer.
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