Widad to acquire Royal Malaysian Navy training centre maintenance firm in Johor for RM35mil


KUALA LUMPUR: Widad Group Bhd said it will pay RM35mil to acquire a facility management firm in Johor.

The target company Palm Shore Holdings Sdn Bhd (PSH) has a RM291mil concession ending February 2040 to develop and to carry out maintenance works for an integrated training centre for the Royal Malaysian Navy at Sungai Lunchoo known as TLDM KD Sri Medini Complex.

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