KUALA LUMPUR: GFM Services Bhd
has proposed to acquire the company holding the rights to develop and operate the rest and service area (RSA) at Sungai Muda, Penang, situated along the Northbound lane of the PLUS Malaysia Bhd North-South Expressway (NSE).
In a statement, the integrated facilities management service provider said it will acquire the entire 100% stake in Era Gema Bina Sdn Bhd, which has been awarded the rights by the Malaysian Highway Authority to undertake the proposed development of an RSA on 1.74ha of land.
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