KUALA LUMPUR: Advancecon Holdings Bhd
has announced a deal to a acquire majority stake in a loss making quarry operator for RM30.4mil.
Under the deal, Advancecon will pay RM15.22mil cash and issue 33 million new shares to Fook Hua Holdings Sdn Bhd for a 51% stake in Spring Energy Resources Bhd (SERB).
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