KUALA LUMPUR: Globaltec Formation Bhd has signed a conditional subscription and shareholders agreement to acquire a 45% equity interest in Metta Food & Lifestyle Sdn Bhd for RM20mil.
In a statement, the group said it intended to develop Metta’s food and beverage (F&B) business, namely the De.Wan 1958 by Chef Wan & Cafe Chef Wan branded restaurant/cafe outlets. Metta is a company founded by Andre Shum in 2019.
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