KUALA LUMPUR: Malton Bhd has entered a memorandum of understanding to acquire equity interest in Ho Wah Genting Bhd's subsidiary HWGB EV Sdn Bhd.
It said in a filing with Bursa Malaysia that the MoU with Ho Wah Genting and HWGB EV is to explore a potential investment in HWGB EV through the acquisition of 14% equity interest in the company.
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