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.

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Business , connect cut holdings bhd

   

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