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
Source: theedgemarkets.com