Texchem to acquire stake in Sushi King


PETALING JAYA: Texchem Resources Bhd has proposed to acquire 1.40 million ordinary shares, or a 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 with Asia Yoshinoya International Sdn Bhd for the proposed acquisition.

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Texchem Resources , stake , acquire , Sushi King

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