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Panasonic, Toshiba to acquire stakes in Cloud Stringers

Singapore

PANASONIC Asia Pacific has entered into an agreement to acquire a 15.34 per cent stake in Trek 2000 International's subsidiary Cloud Stringers for S$400,000, while Toshiba Corporation will invest S$398,000 for a 15.26 per cent stake.

Separately, Trek Technology (Singapore) will further acquire...

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