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Komatsu Ltd. has decided to acquire all shares held by UMW Corporation in UMW Komatsu Heavy Equipment Sdn. Bhd. (UKHE), making UKHE a wholly owned subsidiary. The acquisition aims to strengthen Komatsu's competitiveness in construction and mining equipment markets in Malaysia, Singapore, Myanmar, Brunei and Papua New Guinea.
“Komatsu will acquire all of the shares that UMW Corporation Sdn. Bhd. holds in UMW Komatsu Heavy Equipment Sdn. Bhd.”komatsu.jp
Summarized from public sources; check the original articles before acting on it.