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S’pore’s 3rd Richest Man’s Firm Secures $16.7B Deal, Acquires Majority Stake In Nippon Paint

Nippon Paint Holdings, the world’s fourth largest paint manufacturer, has struck a S$ 16.7 billion deal with Goh Cheng Liang’s Wuthelam Holdings in a bid to build the largest paints and coatings company in Asia. Wuthelam will be buying majority stakes in Nippon Paint, which will use the capital to …

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