Leather upholstery maker Pecca Group to acquire 80% stake in PT Gemilang Maju Kencana

News
M&A

Acquisition will enable Pecca Group to further strengthen its presence in the region

Malaysia-based automotive leather upholstery maker Pecca Group has announced that it signed a memorandum of understanding (MOU) with PT Gemilang Maju Kencana (GMK) to acquire 80% stake in GMK, The Star reported on 1 November.

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