Hextar buys stakes in chemical derivative firms

“The Nobel Group will form part of Hextar’s drive to expand its foothold in the chemicals industry and will be wholly owned by Hextar Global, ” said Hextar’s executive director Datuk Eddie Ong.(pic)

PETALING JAYA: Hextar Global Bhd has proposed to acquire entire equity stakes in two companies – Nobel Synthetic Polymer Sdn Bhd and Nobel Scientific Sdn Bhd – for RM105mil.

These companies manufacture and supply chemical derivatives, coating and related products, Hextar said in a statement.