Redtone Digital acquires 7.12% stake in Theta Edge for RM13.93mil


PETALING JAYA: Redtone Digital Bhd has acquired 8.4 million shares or 7.12% of Theta Edge Bhd from the open market for about RM13.93mil cash or average purchase price of about RM1.66 per share.

Theta Edge is principally engaged in the provision of information communication and technology services focusing on information technology solutions and system integration, telecommunication engineering services and civil works and green energy and environmental infrastructure consultancy services.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Redtone Digital , Theta Edge , acquisition

Next In Business News

Pay growth lags productivity, wage setting system needs review - Bank Negara deputy governor
Favelle Favco's US unit is among 13 others facing US$52.5mil lawsuit over New York crane incident
Monetary Authority of Singapore posts S$20bil FY25/26 net profit on strong investment gains
Singapore Airlines posts first quarterly loss since 2022
Ecomate subsidiary receives RM13.4mil software subscription order from Gamuda
Ringgit higher against major currencies, eases against greenback at close
Bursa Malaysia ends slightly lower on caution ahead of Fed meeting, tech earnings
Nasdaq futures drop on AI chip worries ahead of pivotal earnings
Vaseehar Hassan appointed Amanahraya chairman
Ramssol Fintech partners CTOS for 'Pay Day Now' platform referrals

Others Also Read