Hextar to acquire Indonesia-based Agro Sentosa for RM10.2mil

KUALA LUMPUR: Hextar Global Bhd has entered into a share sale agreement with with a related party, Hextar International Group Sdn Bhd to to acquire 99.91% equity interest in Indonesia-based PT Agro Sentosa Raya (PTASR) for RM10.2mil cash.

PTASR, founded in 2004, has been involved in the chemical business in Indonesia for over 15 years. Its principal business includes formulation, mixing and repacking of chemical specialty applications as well as logistic service to assist customers distribute their products.