Shin Yang buys firms for RM145mil


PETALING JAYA: Shin Yang Group Bhd has entered into two conditional share sale agreements for the acquisition of four companies for RM144.5mil.

In a filing with Bursa Malaysia, the shipping group announced that it had entered into a conditional share sale agreement with Shin Yang Holding Sdn Bhd, KTE Motors Sdn Bhd and Ling Chiong Sing to acquire a 100% equity interest in Boulevard Jaya Sdn Bhd.

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

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read