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Corporate News

PUC to acquire two companies for RM200mil

PETALING JAYA: PUC Bhd has entered into a heads of agreement for the purchase of the entire equity stakes in Alevate Capital Sdn Bhd and Alevate Solutions Sdn Bhd for RM200mil to be satisfied by cash and shares.

The vendors of the companies are Eatcosys Sdn Bhd, a wholly-owned subsidiary of Incite Innovation Sdn Bhd and Tham Lih Chung.

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PUC Bhd , Alevate Capital Sdn Bhd , Alevate Solutions Sdn Bhd ,

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