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Sapura Industrial Bhd entered a shareholders' agreement with Wada Aircraft Technology Co Ltd and Aero Inc to form Sapura Aerospace Technologies Sdn Bhd, which will build a facility in Greater Klang Valley with up to RM100 million investment over five years.
“Sapura Industrial said the agreement represents a synergistic collaboration between the three companies in incorporating Sapura Aerospace, which will provide manufacturing and assembly services of aerospace components.”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.