PUB acquires carpet maker for RM2.5mil

PETALING JAYA: Paragon Union Bhd (PUB) has entered into an asset purchase agreement with Carpet Art Manufacturing Sdn Bhd (CAMSB) for the proposed acquisition of the latter’s assets for RM2.5mil.

In a filing with Bursa Malaysia, PUB said CAMSB is principally involved in the manufacturing and supply of high quality handtufted and machined tufted carpets, trading in carpet and related products and general trading.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Vietnam needs support policies to develop green energy sector
Plantation ops to drive KLK earnings
Muted earnings growth likely for banks in 4Q23
Maybank unveils new management lineup
KPJ to focus on Malaysia for now
Thai PM pleads with central bank to reduce policy rate before April
Record Japan profits show Nikkei is primed for all-time high
IKN ‘more upbeat’ on investment after election
A dark day for the ringgit
Globetronics expects challenges

Others Also Read