Signature International to acquire 51% stake in Space Alliance for RM15.3mil cash


Chiau Haw Choon

KUALA LUMPUR: Signature International Bhd has proposed to acquire 765,000 ordinary shares or 51% equity interest in Space Alliance Contracts Sdn Bhd for RM15.3mil cash to expand into a full-fledged design and build interior fit-out company.

In a filing with Bursa Malaysia, Signature said it had signed a conditional share sale agreement with Chang Chung Fei and Ng Mun Moh to acquire 15.3% and 35.7% respectively in Space Alliance.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Malaysia-Japan trade set to rise this year - Tengku Zafrul
Global trading platform Webull expands to Malaysia
Maybank 1Q earnings up 9.8% on higher core fees
MPI set for strong show
Investors rush to grab piece of US$1.8 trillion UK pensions pie
Starwood’s US$10bil REIT turns to survival mode as pain lingers
Damned if you do, damned if you don’t
US stock changes affect Asia forex trades
Consistency in a sea of change
Impact of AI on jobs

Others Also Read