KUALA LUMPUR (AFX-ASIA) – BIG Industries Bhd has proposed to acquire a 20% stake in Singapore-based Penguin Boat International Ltd from two individuals Heng Kheng Seng and Khiew Lun Heong for S$10 million by issuing new BIG shares at RM2.478 each. (US$1=S$1.7 and RM3.8). The 20% stake comprises 40 million Penguin shares at S$0.25 each,…