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New Toyo's Tien Wah Press seeks shareholder nod to diversify into property development

Published Tue, Apr 3, 2018 · 09:50 PM

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Singapore

TIEN Wah Press Holdings, the Malaysia-listed subsidiary of Singapore-listed New Toyo International Holdings, is seeking shareholder approval to diversify into property development from its core business of printing and trading.

This comes after Tien Wah tied up with construction company Lum Chang Holdings through a joint venture in 2016 to undertake a mixed-use development in Malaysia.

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