• Nna/kyodo


Food product wholesaler and retailer Toho Co. has bought two Southeast Asian firms, one in Singapore and the other in Malaysia, to expand its business overseas in pursuit of medium- to long-term growth.

The Kobe-based company acquired Shimaya Trading Pte. in Singapore and Shimaya Trading Sdn Bhd in Malaysia, the company said. It did not disclose the transaction values.

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