PETALING JAYA: Faber Group Bhd has accepted the RM1.15bil offer to acquire the asset and facility management (AFM) business from its single-largest shareholder UEM Group Bhd.
The two parties entered into a conditional share sale agreement, which will see it potentially acquiring UEM Group’s wholly owned AFM businesses – Projek Penyelenggaraan Lebuhraya Bhd (Propel) and Opus Group Bhd.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
