FIT HON TENG (06088) announced that it is expanding its auto business and related electrical utilities products...
FIT HON TENG (06088) announced that, to expand its auto business and core competency in related electrical utilities products and clients, the group is currently in negotiations with independent third parties to acquire several assets and shares of companies engaged in auto business (including high-voltage power distribution systems for autos). As of the date of this announcement, negotiations are still ongoing and the potential acquisition may or may not materialize.