KUALA LUMPUR: Texchem Resources Bhd
has proposed to acquire 1.40 million ordinary shares, or 28% stake in Sushi King Sdn Bhd for RM102.2mil cash.
In a filing with Bursa Malaysia, Texchem said its wholly owned subsidiary Sushi King Holdings Sdn Bhd (SKHSB) had entered into a share transfer agreement (STA) with Asia Yoshinoya International Sdn Bhd (AYI) for the proposed acquisition.
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