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Pantech Group Holdings Bhd agreed to acquire UK-based Nautic Steels (Holdings) Ltd and its subsidiary Nautic Steel Ltd for a maximum of £9.5 million (RM45 million). The acquisition will strengthen Pantech's capabilities in special metals for the marine oil industry.
“The acquisition will allow Pantech to strengthen its prospects in this area of business and enable it to grow its regional presence and expand its activities.”theedgemalaysia.com
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