Unitrade acquires 51% stake in metal recycling company for RM66.3mil


Unitrade managing director Nomis Sim Siang Leng

KUALA LUMPUR: Unitrade Industries Bhd has entered into a share sale agreement with Intergreen Holdings Sdn Bhd, Intergreen Corp (M) Sdn Bhd and Pong Wing Seng to acquire 51% stake in Intergreen Metals Sdn Bhd for RM66.3mil.

In a statement, Unitrade managing director Nomis Sim Siang Leng said the proposed acquisition complements and synergises with its core operations in building materials wholesaling and distribution.

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Unitrade , acquisition , Intergreen

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