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Indonesia Malaysia

Malaysian Pecca Leather to acquire 80.0% shareholdings in Indonesia-based PT Gemilang Maju Kencana


On October 31, 2022, Malaysia-based Pecca Group Bhd announced the acquisition of an Indonesia-based upholstery leather wrapping and car seat cover maker, PT Gemilang Maju Kencana (GMK).
Pecca said GMK also seeks to secure business and marketing support from MPI's founder to expand its presence in Indonesia. The co....

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