Haisan buys into M'sian Mega Galvanising

February 12 2007
INTEGRATED icemaker and distributor Haisan Resources Bhd has bought a 50 per cent stake in Malaysian Mega Galvanising Sdn Bhd for RM13.5 million.

In a statement today, Haisan chief executive officer and president Ong Chin Yet said: “The acquisition will result in the consolidation of the manufacturing processes such as in the provision of metal galvanising and electroplating services."

The combined expertise of manpower will result in greater operational efficiency, boost production and greater cost savings for the company and its clients, he said.

©BTimes. 2007/02/13