PETALING JAYA: UEM Edgenta Bhd
’s indirect wholly-owned subsidiary, Edgenta International Investments LLC (EII), has entered into a sale and purchase agreement (SPA) and shareholders’ agreement with United Arab Emirates (UAE)-based NW Kaizen Holding Ltd to acquire 60% equity interests in Kaizen Owner Association Management Services LLC and Kaizen AMS Property Supervision LLC.
In a filing with Bursa Malaysia yesterday, UEM Edgenta said the acquisition would be for 43.2 million dirham (RM55.1mil) in cash.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
