KUALA LUMPUR: Unitrade Industries Bhd
is eyeing a 51 per cent stake in metal recycler Intergreen Metals Sdn Bhd (IMSB) to expand its building material wholesale and distribution business.
Unitrade, which also makes pre-insulated pipes, said it had entered into a heads of agreement with Intergreen Holdings Sdn Bhd, Intergreen Corporation (M) Sdn Bhd and Pong Wing Seng to negotiate the acquisition of the stake in IMSB for an indicative price of RM66.3 million.
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