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Denzai acquires majority stake in Huationg

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From left: Jimmy Chua, CEO of Huationg Holdings; Lee Chin Tiong, founder of Huationg Holdings; and Kohki Uemura, COO and director of Denzai Holdings.

Singapore

DENZAI Holdings on Tuesday completed the acquisition of a 71 per cent stake in Huationg Holdings, a local heavy lifting and specialised transportation provider firm, for an undisclosed sum.

Through its wholly-owned subsidiary Denzai Singapore Asia Pacific, the Japanese...

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