KUALA LUMPUR: Leisure and service company Only World Group Holdings Bhd
via its subsidiary, Believe It Or Not Sdn Bhd (BION) is set to buy a 60% stake in Escaperoom Holdings Sdn Bhd for RM5.4mil.
In a filing with Bursa Malaysia, it said the acquisition of the stake in Escaperoom, which is involved in real-life physical adventure games, was expected to be completed by year-end. “The proposed acquisition represents a new business opportunity for the group to expand the operation of its amusement and recreation segment as well as to complement BION’s existing business activities,” it said. – Bernama
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