KUALA LUMPUR: Kejuruteraan Asastera Bhd's subsidiary KAB Technologies Sdn Bhd (KABT) has entered into a binding term sheet with Vodex Technical Services Sdn Bhd towards expanding its mechanical work division.
The group said in a statement that the two parties formed a special purpose vehicle named TVT Link Tech Solutions Sdn Bhd with KABT owning a 60% stake and the remainder going to Vodex.
Already a subscriber? Log in.
Subscribe now and receive free sooka plan for 1 month. T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
