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Temasek Formation Sdn Bhd is acquiring the entire interests of Jotech Holdings Bhd, AIC Corporation Bhd and AutoV Corporation Bhd for a total of RM696 million, merging them into a larger manufacturing group with diverse customer portfolios in medical, automotive, and electronics industries.
“The merger will be one of the largest amalgamations of manufacturing firms to be undertaken in Malaysia.”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.