Kelington Group to acquire remaining stake in Ace Gases for RM35.69mil

KUALA LUMPUR: Kelington Group Bhd has entered into a conditional share sale agreement (SSA) to acquire 2.53 million ordinary shares in Ace Gases Sdn Bhd for RM35.69 million.

In a Bursa Malaysia filing today, Kelington said the acquisition represents the remaining 9.29 per cent equity interest and will allow it to fully control Ace Gases.