Stella obtains shareholders' nod to acquire Pembinaan Teguh Maju

Stella Holdings Bhd managing director Datuk Benson Lau

KUALA LUMPUR: Stella Holdings Bhd obtained shareholders’ approval to acquire Pembinaan Teguh Maju Sdn Bhd (PTM) for RM380mil at an extraordinary general meeting (EGM) today.

In a statement, Stella said the acquisition of PTM comes with considerable promise and far-reaching implications for Stella.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Stella , Pembinaan Teguh Maju , EGM , acquisition , Varia Bhd

Next In Business News
Empowering Sabah's talent
Ringgit to trade in narrow range against US dollar in holiday-shortened week ahead
Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.