Vafe System Sdn. Bhd. agreed to acquire an additional 10% stake in Winstar Aluminium Manufacturing Sdn Bhd from Mestron Holdings Berhad (KLSE:MESTRON) for MYR 6 million on December 22, 2023.

MYR 5.4 million will be financed by bank borrowings and the remaining of MYR 0.6 million will be funded through internally generated funds.