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Auto upholstery supplier Pecca Group acquires 80% stake in Indonesian counterpart, expands overseas

Auto upholstery supplier Pecca Group acquires 80% stake in Indonesian counterpart, expands overseas
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Pecca buys industrial land for RM8 45mil to expand automotive business

KUALA LUMPUR: Pecca Group Bhd’s wholly-owned subsidiary Pecca Leather Sdn Bhd (PLSB) has entered into a sale and purchase agreement (SPA) with UMW Development Sdn Bhd in respect of the purchase of a vacant leasehold industrial land measuring 4.31 acres at a purchase consideration of RM8.45mil.

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