Deleum unit ups stake in gas turbine supplier to 90%


KUALA LUMPUR: Deleum Bhd's wholly-owned subsidiary Deleum Services Sdn Bhd has purchased an additional 16% stake in gas turbine supplier Turboservices Sdn Bhd from Solar Turbines International Company for RM7.34mil.

In a filing with Bursa Malaysia, Deleum said the transaction will increase its stake in Turboservices to 90% from the current 74%.

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Deleum , Turboservices , acquisition

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