Advertising agency Hakuhodo Inc. said Friday it has agreed to acquire a 25 percent equity stake in Malaysian ad agency People & Rich-H Sdn. Bhd.

Hakuhodo has been engaging in ad agency activities in Malaysia through its own subsidiary, Hakuhodo Malaysia Sdn. Bhd., founded in 1973.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.