KUALA LUMPUR: Hong Seng Consolidated Bhd has proposed to acquire a 100% stake in Premiumway Development Sdn Bhd (PDSB) for RM1.09mil.
In a filing with Bursa Malaysia, Hong Seng said its unit Neogenix Laboratoire Sdn Bhd (Neogenix Lab) had entered into a shares sale agreement (SSA) with the Ong Kah Hoe and Ong Kim Chong @ Ong Hwee Choo to undertake the proposed acquisition of one million ordinary shares, or 100% equity interest in PDSB.
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