Zen Tech to acquire 70% stake in Alpha Fintech for RM10mil

KUALA LUMPUR: Zen Tech International Bhd has proposed to acquire a 70% stake in Alpha Fintech Sdn Bhd for RM10mil cash.

In a filing with Bursa Malaysia, the IT service management company said it entered into a share sale agreement (SSA) with Koh Chee Siong for the acquisition of 4.16 million ordinary shares, representing a 70% stake in Alpha.