TRIplc-Puncak merger may be on the cards

While Puncak executive chairman Tan Sri Rozali Ismail had previously hinted at possible forays into plantations and an expansion of the group’s oil and gas business, the group now seems to be most optimistic on prospects in the construction sector.

Such a move will transform Puncak into a construction firm

Puncak Niaga Holdings Bhd underscored its desire to transform itself into a full-fledged construction player after signing an agreement with TRIplc Bhd to acquire its businesses last week.