PETALING JAYA: Faber Group Bhd has accepted the RM1.15bil offer to acquire the asset and facility management (AFM) business from its single-largest shareholder UEM Group Bhd.
The two parties entered into a conditional share sale agreement, which will see it potentially acquiring UEM Group’s wholly owned AFM businesses – Projek Penyelenggaraan Lebuhraya Bhd (Propel) and Opus Group Bhd.
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