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Amtek seeks new markets to expand; majority owners mull divestment

CVC Capital and Standard Chartered PE are exploring a sale of their stake: sources

Published Mon, Jun 22, 2015 · 09:50 PM

Singapore

AMTEK Engineering Ltd, a Singapore-based maker of components for Tesla Motors Inc, is looking to markets outside Asia as its majority shareholders consider a possible divestment.

Amtek, which will be renamed Interplex Holdings Ltd after a subsidiary it acquired last year, will focus on Latin America while boosting research and development services, chief executive officer Daniel Yeong said.

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