KUALA LUMPUR: Property developer and automotive parts manufacturer, Kumpulan Jetson Bhd, has acquired a 100 per cent stake in China-based Asian Corp Ltd (ACL) for RM11 million.
The purchase price was a 22.5 per cent discount to ACL's net assets of RM14.2 million, and its main asset is a 57,737 square metre industrial land in Yangzhou City, China.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!