FEDERAL TAKES 70% STAKE IN KVC
(2001-08-28)

FEDERAL TAKES 70% STAKE IN KVC

MAINBOARD-LISTED infrastructure group Federal International said yesterday it has bought a 70 per cent stake in valve manufacturer KVC (UK) for £210,000 (S$533,000), comprising 210,000 ordinary shares of £1 each.

The investment is funded by internal resources.

  
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The Staits Times

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