PETALING JAYA: Equine Capital Bhd (ECB) will acquire the entire equity of Penaga Pesona Sdn Bhd (PPSB) for RM12mil in line with increasing the former’s need for land bank.
ECB said it had entered into a share sale and purchase agreement with its associate company, Abad Naluri Sdn Bhd, to acquire the entire equity of PPSB, comprising 250,000 RM1 shares.
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