KUALA LUMPUR: Kejuruteraan Asastera Bhd’s (KAB) wholly owned subsidiary has acquired Future NRG Sdn Bhd’s subsidiary, Future Biomass Gasification Sdn Bhd, and its biogas power plant assets for RM15mil.
In a statement, the group said it signed the sale and purchase of share agreement yesterday. This is following the signing of the term sheet on the proposed acquisition on Nov 9, 2022, as well as the completion of the due diligence process.
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