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Corporate News

Hong Seng acquires 51% stake in Innov8tif for RM30.8mil

KUALA LUMPUR: Hong Seng Consolidated Bhd has entered into a shares sales agreement with Innov8tif Consortium Sdn Bhd to acquire 717,570 shares in Innov8tif Holdings Sdn Bhd for RM30.855 million.

In a filing with Bursa Malaysia today, Hong Seng said the acquisition would pave the way for the company to venture into the digital industry.

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