KUALA LUMPUR: PCCS Group Bhd
has acquired an additional 18.8 million shares, or 15% equity interest, in Southern Auto Capital Sdn Bhd (SAC), a subsidiary of the company for RM18mil.
In a filing with Bursa Malaysia, PCCS said the subscription would increase its equity participation from four million shares to 22.8 million shares, representing 95% of the total issued share capital of SAC.
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