NationGate acquires Hesechan Industries for RM25mil cash


KUALA LUMPUR: Nationgate Holdings Bhd has proposed to acquire 100% equity interest in Hesechan Industries Sdn Bhd for RM25mil cash.

In a filing with Bursa Malaysia, NationGate said it entered into a share sale agreement with Heap Seong Chan Company Sdn Bhd (HSCSB) to acquire the entire two million ordinary shares in Hesechan.

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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NationGate , Hesechan , acquisition

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