PETALING JAYA: Fire protection solutions provider Fitters Diversified Bhd has proposed to acquire a 40% stake in Germany-based renewable energy systems supplier AHT Syngas Technologies NV for 1.6 million euros (RM6.6mil) cash.
In a statement, Fitters said the acquisition, which would entail 600,000 shares of AHT Syngas at 2.665 euros per share, would be undertaken by its wholly owned subsidiary Future NRG Sdn Bhd.
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