WTK acquires 15% stake in Durafarm for RM28.3mil

KUALA LUMPUR: WTK Holdings Bhd has proposed to acquire a 15% equity interest in Durafarm Sdn Bhd for RM28.3mil cash.

In a filing with Bursa Malaysia, WTK said its wholly-owned subsidiary, BioFarm Venture Sdn Bhd has entered into a share sale agreement (SSA) with Datuk Robert Lawson Chuat to acquire 1.57 million shares in Durafarm, representing 11.25% equity interest for RM21.4mil.