Southern Score buys 51% stake in SJEE Engineering for RM23mil


Southern Score Builders Bhd executive director and chief executive officer Gan Yee Hin

KUALA LUMPUR: Southern Score Builders Bhd has entered into a conditional share sale agreement (SSA) with Ngo Hea Bing for the acquisition of a 51% stake in SJEE Engineering Sdn Bhd for RM22.95mil cash.

The proposed acquisition entails the purchase by Southern Score of 1.27 million SJEE shares, representing 51% equity interest, it said in a filing with Bursa Malaysia.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read