Ramssol to expand with new acquisition


PETALING JAYA: Ramssol Group Bhd is poised to expand its presence in South-East Asia via its wholly owned subsidiary’s proposed 51% acquisition of Thailand-based tech company GeekStart Co Ltd for RM6.9mil.

“We are sanguine over the acquisition that is expected to be earnings accretive over the foreseeable future,” Apex Securities Research said in a recent report.

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

Next In Business News

NFL Chiefs to move to Kansas with public funding package
Jasa Kita acquires 55% stake in SPPH�
PetGas to pre-pay up to RM706mil in jetty usage charges at Pengerang LNG terminal
Colform awards 4 contracts worth RM1.33mil
Hextar Global acquires three fertiliser companies for RM120mil
Ringgit climbs to strongest level against US dollar since early March 2021
Solarvest acquires ACE-Market listed SDCG for RM42mil
CBH Engineering wins data centre job worth RM130mil
JPG consolidates JPG Greenergy Ventures, strengthens renewable energy strategy
Kimlun bags three construction jobs totalling RM618mil

Others Also Read