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KPS Consortium Bhd announces internal restructuring in subsidiaries


Sunday, 2 Mar 2014 07:00pm EST 

KPS Consortium Bhd:Wholly-owned subsidiary namely, KPS Plywood Sdn Bhd has transferred its entire equity interest in Hai Ming Marketing Sdn Bhd to Hai Ming Paper Mills Sdn Bhd, a wholly-owned subsidiary of the Company.It is an internal restructuring to streamline KPSCB Group's business activities.All transfer consideration is at cost.There is no change in ultimate shareholding. 

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