ConnectCounty Holdings buys 51% stake in MyGenBizz


KUALA LUMPUR: ACE Market-listed company ConnectCounty Holdings Bhd (CHB) is buying a 51% stake in MyGenBizz Bhd (MGB) for RM1mil cash.

The company paid 20% of the money or RM200,000 yesterday with the balance to be settled upon completion of the acquisition. It will pay with internally-generated funds and borrowings.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , connect cut holdings bhd

   

Next In Business News

Sentral REIT records 1Q net income jump to RM19.9mil
Go Hub secures Bursa Malaysia's approval for listing on ACE Market
FBM KLCI drifts sideways in search of fresh leads
Grandtech Cloud Services welcomes Justin Tiew Senn as new APAC vice president
UOB posts small drop in quarterly profit, confident of maintaining key margin level
Singapore's MAS asks DBS to identify reasons for disruptions, The Strait Times reports
Ringgit opens lower against US$ amid Middle East tensions
CTOS prospects remain bright despite court ruling
FBM KLCI stays firm, but profit-taking pressures mount
S&P, Dow extend closing streaks despite Disney drag

Others Also Read