Monday, May 27, 2013

Kingfa Sci to acquire 66.5% stake in Hydro S&S Industries for US$1.9 mln

China's plastic manufacturer Kingfa Sci & Tech Co Ltd has entered into a definitive agreement to acquire 66.5% stake in Chennai-based Hydro S&S Industries Ltd (HSSIL), a manufacturer of reinforced pollypropylene compounds, for Rs 10.




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