PETALING JAYA: PFCE Bhd plans to acquire 100% equity interest in PFC Engineering Sdn Bhd for RM300mil from DAT Group Sdn Bhd via the issuance of 500 million new PFCE shares at 60 sen each.
In a statement yesterday, the group said the acquisition would transform PFCE by giving it an immediate presence in the fast growing oil and gas industry.
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