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Announced

Engtek Group to acquire a majority stake in Techcom Technology.

Synopsis

Engtek Group, a company specializing in aluminum die casting and precision engineering, agreed to acquire a majority stake in Techcom Technology, a provider of precision engineering and manufacturing solutions. Financial terms were not disclosed. "We are excited about the strategic acquisition of Techcom Technology, which aligns with our growth and transformation objectives. This partnership will enhance our capabilities and expand our footprint in the region," Dato' Teh Yong Khoon, Engtek CEO and Chairman.

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