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Ta Win buys 32.5% stake in pharma firm for RM20.85m

KUALA LUMPUR (Dec 14): Ta Win Holdings Bhd will be acquiring a 32.5% stake in pharmaceutical company Royce Pharma Manufacturing Sdn Bhd for RM20.85 million. In a bourse filing, the group said its wholly-owned subsidiary Ta Win Copper Biohealth Sdn Bhd (TWC Biohealth) inked a share sale agreement with Poly Lab Sdn Bhd for the acquisition of a 22.8% or 2.74 million share stake in Royce Pharma for RM14.64 million. At the same time, it signed a subscription agreement with Royce Pharma and the latte...
Kuala Lumpur Sdn Bhd Ngu Tieng Datuk Chandrasekar Suppiah Jelita Serbaneka Sdn Bhd Biohealth Sdn Bhd

Ta Win makes foray into pharma industry, invests RM20.8m in Royce Pharma

From left are Royce Pharma Manufacturing president Zainal Ariff Tan Sri Mahmood and group deputy president Datuk Chandrasekar Suppiah; Deputy Human Resources Minister Awang Hashim Awang Hashim while Ta Win Holdings was presented by its group managing director Datuk Seri Ngu Tieng Ung and executive director Tan Poo Chuan. ’s subsidiary is venturing into the pharmaceutical industry through its RM20.85mil investment in Royce Pharma Manufacturing Sdn Bhd. It said in a statement on Monday its heal...
Kuala Lumpur Sdn Bhd Ngu Tieng Awang Hashim Datuk Chandrasekar Suppiah Biohealth Sdn Bhd

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