Symphony House, Ranhill Energy ink deal for reverse takeover


KUALA LUMPUR: Symphony House Bhd has signed an agreement for a reverse takeover of the company by Ranhill Energy And Resources Bhd enroute to listing, confirming a StarBiz report.

Both companies had on Wednesday signed a heads of agreement for the corporate exercise where Symphony would acquire all of Ranhill Group Sdn Bhd and all or substantially all of its subsidiaries for a purchase consideration to be determined.

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