Betamek buys Sanshin for RM13.4mil


From left: Kazuhiro Yoshida, deputy executive manager, overseas of Outsourcing Inc; Yuya Ono, executive officer of Outsourcing Inc; Mirzan Mahathir, managing director of Betamek; and Muhammad Fauzi Abd Ghani, executive director of Betamek

KUALA LUMPUR: Betamek Bhd has expanded its electronics manufacturing operations via the acquisition of Sanshin (M) Sdn Bhd from Tokyo-listed Outsourcing Inc for RM13.4mil.

Betamek said the acquisition significantly broadens its customer base and further cements its market presence.

“The expanded clientele, coupled with a wider array of product offerings, reinforces Betamek’s competitive edge and industry standing,” it said in a statement.

According to Betamek, Sanshin, established as TWD Sanshin (M) Sdn Bhd in 1985 and later renamed, is renowned for its expertise in manufacturing car audios and other electronics components, serving markets in Malaysia, Japan, Hong Kong and Thailand.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Betamek , electronics , Sanshin , manufacturing

   

Next In Business News

Malaysia’s capital market hits RM4 trillion milestone, driven by strong domestic growth and IPO surge
TopVision makes ACE Market debut with 18% premium
China November industrial output rises 5.4%, above expectations
Foreign investors extend Bursa Malaysia sell-off with RM882.4mil outflow
Bitcoin surges above US$106,000 on strategic reserve hopes
Ringgit up marginally against US dollar in early trade
FBM KLCI inches up in early trade; TopVision shines in debut
Trading ideas: Axiata, Yinson, Datasonic, Exsim Hospitality, Lotte Chemical Titan, T7
Experts see big expansionary moves ahead by China’s government
MicroStrategy, Palantir added to Nasdaq 100, with Moderna facing an exit

Others Also Read