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Ma Foi arm in Malaysia

CHENNAI, JULY 9. Ma Foi Management Consultants Ltd., is floating a wholly-owned subsidiary in Malaysia next month. The new company christened Mafoi Malaysia SDN. BHT, will come up in the multimedia super corridor, a free trade zone, in Kuala Lumpur. Addressing the press, K. Pandia Rajan, Managing Director and Chief Executive Officer, said the equity paid up capital of the new company was Rs. 25 lakhs. — Our Staff Correspondent

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