Reservoir Link acquires SAG Renewables for RM10.5mil

PETALING JAYA: Reservoir Link Energy Bhd (RLEB) is acquiring SAG Renewables Sdn Bhd (SAGR) for RM10.5mil.

In a filing with Bursa Malaysia, RLEB said its wholly-owned subsidiary, Reservoir Link Renewable Sdn Bhd, had entered into a share sale agreement with SAG Green Tech Sdn Bhd for the proposed acquisition of one million shares, representing a 100% equity interest in SAGR.