Syscorp completes acquisition of Piasau Gas

KUCHING: Shin Yang Shipping Corporation Bhd (Syscorp) has completed the acquisition of Piasau Gas Sdn Bhd for RM22.79 million in cash. Piasau Gas has become Syscorp’s wholly-owned subsidiary, the Miri-based shipping and shipbuilding firm told Bursa Malaysia. Incorporated in 1991, Piasau Gas is principally engaged in the business of manufacturing, distribution and marketing of industrial […]