Sarawak's infra spending to boost Perbena Emas' outlook, Pansar says

KUALA LUMPUR: Engineering solutions provider Pansar Bhd expects Perbena Emas Sdn Bhd (PESB) to contribute long-term profitability to the group, driven by a positive outlook in the construction and engineering sectors in Sarawak.

The group had in September last year announced that it entered into a conditional share purchase agreement with PE Holdings Sdn Bhd to acquire 100 per cent equity interest in the issued share capital of PESB for a purchase consideration of RM151 million.