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UPP to buy 58.34% stake in Canadian wood firm Taiga

Thursday, October 6, 2016 - 05:50

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The 58.34% share stake in Taiga includes the 19.25% held by UPP's chairman and chief executive officer Tong Kooi Ong.

Singapore

UPP Holdings plans to buy a 58.34 per cent stake in Taiga Building Products - Canada's largest wholesale distributor of building materials - for C$18.9 million (S$19.7 million).

Of the 58.34 per cent, 19.25 per cent comes from UPP chairman and chief executive officer Tong

sentifi.com

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