KUALA LUMPUR: Advancecon Holdings Bhd is acquiring 51% majority stake in quarry operator Spring Energy Resources Bhd for RM30.4mil to expand the potential reach of its earthworks and civil engineering services.
The civil engineering services specialist said the stake would be acquired from Spring Energy’ investment holding company, Fook Hua Holdings Sdn Bhd.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!