PETALING JAYA: KUB Malaysia Bhd
(KUBM) has acquired 4.15 million Precast Products Sdn Bhd (PPSB) shares, representing a 30% stake in the latter, for RM7.65mil from JEKS Engineering Sdn Bhd.
“Upon the completion of the exercise, PPSB will be fully controlled by the KUBM group with the remaining shares in PPSB held by KUB Builders Sdn Bhd, a wholly-owned subsidiary of KUBM,” it said in a filing with Bursa Malaysia.
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