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Wellcall Holdings and Trelleborg Holding signed a shareholders agreement on 15 January 2019 to form a Malaysian company making composite hose and fittings, with Trelleborg holding 51%. Initial capital is US$2.2 million and completion is expected by year end.
“Trelleborg will hold a 51% stake in the JV company and Wellcall the rest.”themalaysianreserve.com
Summarized from public sources; check the original articles before acting on it.