PETALING JAYA: Sinotop Holdings Bhd is acquiring construction company Asianmax Corp Sdn Bhd (ACSB) from its director Datuk Justin Soo Sze Ching for RM96mil, as part of its strategic plan to expand and strengthen its infrastructure construction business to further enhance the group’s earnings.
In a filing with Bursa Malaysia yesterday, Sinotop said it had entered into a conditional share sale agreement with Soo yesterday to acquire the entire equity interest in ACSB.
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!