AEM unit acquires 26.6% of South Korean firm for US$3.8m
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Singapore
MAINBOARD-LISTED AEM Holdings has acquired 26.59 per cent of the outstanding share capital of South Korean company Ateco Inc for about US$3.8 million.
As part of the investment done through AEM's wholly-owned subsidiary AEM Singapore, the group, which provides electronic and semiconductor solutions, has been given rights to acquire further shares of Ateco.
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