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.

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

Next In Business News

HSS Holdings inches closer to market debut
Zetrix, CAICT’s Astron unveil blockchain-AI trust layer
Turning AI adoption into profitability
Abdul Wahid Omar gets on Sunway’s board
Tuju Setia bags�RM359mil residential job
Uzma bags PETRONAS Carigali projects
Dialog begins expansion on Phase 3 PDT
Ringgit eases vs greenback on profit-taking after recent gains
ACE Market-bound HSS signs underwriting deal with M&A Securities for IPO
Sunway appoints Wahid Omar as independent non-executive director

Others Also Read