MyEG raises stake in S5 Holdings


KUALA LUMPUR: MyEG Services Bhd (MyEG), through its unit MyEG Capital Sdn Bhd, is acquiring an additional 10% equity interest in security solutions provider S5 Holdings Inc for RM86.5mil, thus raising its stake to 20%.

The company said MyEG Capital yesterday inked an agreement to buy 118 million shares in S5 from S7 Holdings Sdn Bhd.

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MyEG , MyEG Capital , S5 Group

   

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