Tony Francis Poke

Sime Darby picks up 70pct stake in Australian firm TFP Engineering in A$3.2M cash deal

Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).

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