PETALING JAYA: SCGM Bhd
is proposing to acquire Eramas Global Group Sdn Bhd as part of its overall regularisation plan to regularise its condition as a cash company.
In a filing with Bursa Malaysia, SCGM said it had entered into a heads of agreement to acquire Eramas from Chin Kok Tian, Yan Hua Lan, Tan Ah Tek, Gan Chuan Lee, Tey Chee Shin, Tan Tai Chong and Lau Sie Khian at a price to be determined later.
