V.S. Industry acquires 60pc of Skreen Fabric
KUALA LUMPUR: V.S. Industry Bhd is buying a 60 per cent stake in filter components manufacturer Skreen Fabric (M) Sdn Bhd for RM7.5 million. In a filing with Bursa Malaysia, V.S Industry said it yesterday entered into a conditional subscription and share sale agreement with Skreen Fabric. Skreen Fabric has been supplying filter components to the company and its subsidiaries for the production of a key customer’s orders.