WE Holdings to acquire four companies in Singapore and Malaysia
Published on Jan 30, 2014 9:34 AM
Singapore-listed electronics distributor WE Holdings said on Thursday it has agreed to acquire four companies in Singapore and Malaysia for a total of US$3.8 million ($4.9 million) to boost its electronic and component business unit.
It will buy SingYaSin Technologies, SCT Technologies, LSP Technology and LSP Advanced Sdn Bhd (LSP Malaysia).
SingYaSin is a wholesaler of scrap and junk and also makes and tests printed circuit boards, while SCT, a subsidiary of SingYaSin, makes and distributes universal bareboard printed circuit board testers.
LSP sells professional and scientific equipment and LSP Malaysia, an LSP subsidiary, sells and services reliability testing equipment.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here