SCC Hldgs to buy Polyware, KMB Trading

SCC Holdings Bhd today entered into a Memorandum of Understanding (MoU) to acquire a 100 per cent equity interest in

Polyware Sdn Bhd and KMB Trading Sdn Bhd from its individual vendors.



Polyware's principle activity is manufacturing and the distribution
of pipe fittings for water utilities and irrigation system for the
infrastructure and plantation industries.



Meanwhile, KMB Trading's main business is the trading of plumbing
material irrigation fittings system for the infrastructure and
plantation industries.


In a filing with Bursa Malaysia today, it said the MoU would allow
SCC Holdings to venture into the manufacturing of clean water pipe
fittings and out-fittings in water infrastructure projects, both
locally and overseas.






"At the same time, it allows the group to explore the synergistic

potential in the water irrigation industry for animal farming and
agriculture industries to further expand its "Green Solutions”
direction," it said. -- Bernama