PETALING JAYA: Kelington Group Bhd
(KGB) has entered into a conditional share sale agreement with Palace Star Sdn Bhd, Chong Ann Tsun and Alan Lim Chui Boon for the proposed acquisition of 2.54 million shares, or 9.29% stake, in Ace Gases Sdn Bhd (AGSB) for RM35.69mil.
In a filing with Bursa Malaysia, KGB said AGSB is a 90.71%-owned subsidiary company of KGB.
