Global Oriental acquires 45% stake in Edisijuta Parking for RM22.5mil

KUALA LUMPUR: Global Oriental Bhd (GOB) has entered into a conditional share sale and purchase agreement (SPA) to acquire 450,000 ordinary shares in Edisijuta Parking Sdn Bhd (EPSB) for RM22.5 million.

The SPA was signed between GOB and Edisijuta Sdn Bhd (ESB) and Cahaya Impian Sdn Bhd (the sellers) to acquire an equity interest in EPSB not already owned by the group, where the initial acquisition of 55 per cent equity interest in EPSB was completed on Dec 6, 2023.