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UPP to buy 58.34% stake in Canadian wood firm Taiga
Published Wed, Oct 5, 2016 · 09:50 PM
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 Kooi Ong, a Malaysian entrepreneur who also owns The Edge media group.
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