PETALING JAYA: Deleum Bhd
’s wholly-owned subsidiary Deleum Services Sdn Bhd (DSSB) has purchased an additional 16% stake in gas turbine supplier Turboservices Sdn Bhd (TSSB) from Solar Turbines International Co 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%. The balance 10% equity in Turboservices will continue to be held by Solar Turbines International.
