MALAYSIA: PCCS Bids $1.4m For Cambodian Garment Operations
Garment manufacturer PCCS Group Bhd plans to acquire the remaining 40 per cent stake in its Cambodian operations for $1.4 million cash, it was reported on Wednesday. The Business Times said the group intends to buy 1,000 shares in PCCS Garments Ltd, which is currently owned by Cambodia Investment Ltd which had a 35 per cent stake and Goh Hout Hing which holds a five per cent stake.