KUALA LUMPUR: Singapore-listed aesthetic group Accrelist Ltd has completed the acquisition of a 28.53% equity stake in MClean Technologies Bhd
.
In a statement, Accrelist said the acquisition was executed through its wholly-owned subsidiary, Accrelist Crowdfunding Pte. Ltd.
Mclean Technologies, based in Singapore, has become a key player in the electronics and semiconductor products cleaning solutions industry. It operates in Malaysia, Singapore, and Thailand, providing high-quality and reliable services to its diverse clientele.
“We are excited about the completion of our investment in MClean Technologies. The company has a strong foundation and a dedicated team, and I am confident the company can achieve significant milestones and create long-term value for shareholders,” Accrelist chairman and managing director Datuk Dr. Terence Tea Yeok Kian.
“I look forward to be a part of MClean's future growth, particularly the prospect of the company's hard-disk drive (HDD) solutions, especially in Malaysia and Thailand, where demand for high-quality precision cleaning services is growing rapidly."
