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A-Sonic to take 55% stake in Malaysia's tech firm RES

The Edge Singapore
The Edge Singapore • 1 min read
A-Sonic to take 55% stake in Malaysia's tech firm RES
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A-Sonic Aerospace plans to take a 55% stake in RES Malaysia, a Malaysian information technology company, so as to expand its tech capabilities and apply it on its logistics business.

The amount to be invested is not disclosed for now.

RES has four wholly-owned units, and has a 30% associate stake in another.

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