Gagasan Nadi to buy Konsortium PAE Sepakat for RM158m


KUALA LUMPUR: Gagasan Nadi Cergas Bhd (GNCB) is buying Konsortium PAE Sepakat Sdn Bhd for RM158mil which has concessions to build and maintain residential hostels at seven polytechnics in various states of Peninsular Malaysia.

GNCB said on Tuesday it had signed a conditional share sale agreement with P.A.E. Builders Sdn Bhd and Seri Delima Anggun Sdn Bhd to acquire the entire 4.50 million shares which they held in Konsortium PAE Sepakat (KPS).

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