MyEG acquires 14.4% stake in HeiTech Padu for RM31.25mil


KUALA LUMPUR: My E.G. Services Bhd’s (MyEG) wholly-owned subsidiary, My E.G. Capital Sdn Bhd, has acquired 14.40% equity interest in Heitech Padu Bhd for RM31.25mil cash.

In a filing with Bursa Malaysia, MyEG said My E.G. Capital acquired an aggregate of 14.57 million ordinary shares representing approximately 14.40% equity interest in HeiTech Padu via open market and direct business transactions.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MyEG , HeiTech Padu , Acquisition

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read