Singapore Stock Market News

XMH Holdings - Acquisition plans coming online

StockFanatic
Publish date: Tue, 17 Sep 2013, 01:26 PM
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Expanding beyond the marine sector
XMH has acquired Mech-Power Generator Group (MPG) for S$17.4m. MPG has close to 30 years experience in manufacturing and assembling diesel powered generator sets (gen sets), with operations in Singapore and Malaysia. The acquisition will mainly help XMH develop its non-marine sector.
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