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Sime Darby Berhad acquires 65% stake in Chengdu auto part and aftersales company in China
On December 21, 2018, Sime Darby Group made an announcement in a filling to Bursa Malaysia that the company’s indirect wholly owned subsidiary, Chengdu Bow Yue Vehicle Co Ltd (CDBY), is acquiring 65% stake in Qujing Bow Kai Motors Sales & Services Co Ltd (QJBK) from Yunnan Kai Cheng Economic and Trading Co Ltd (YNKC)....
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