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.