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Thai AH acquires 60% shares in Malaysia-based Avee to expand auto parts business overseas
AAPICO Hitech PCL (AH) announced the acquisition of Advanced Vehicle Engineering Global Sdn.Bhd. (Avee), an OEM Automotive Parts Manufacturing Business, with a registered capital of MYR 85.81 million (around THB 652 million). AH acquires 60% of the shares, while Perusahaan Otomobil Nasional Sdn.Bhd. (Proton Group, no....
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