Asia Poly to acquire 100% stake in Keng Imports & Exports

KUALA LUMPUR: Asia Poly Holdings Bhd has proposed to acquire a 100% stake in Keng Imports & Exports Sdn Bhd (KIESB) for RM24.01mil.

In a filing with Bursa Malaysia, Asia Poly said its wholly-owned subsidiary, Asia Poly Industrial Sdn Bhd (API) had on Jan 12, 2022 entered into a share sale agreement with 10 vendors.