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Moya discloses acquisition talks after shares climb 13%

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Fiona Lam

Fiona Lam

Published Thu, Dec 19, 2019 · 09:50 PM

Singapore

INDONESIAN water treatment company Moya Holdings Asia is in negotiations for a potential acquisition of a company which is in a similar business as the group.

This is in line with its strategy to grow its business in the region, the Catalist-listed firm announced on Thursday after market close, following a surge in its trading volume and share price in the morning.

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