Shareholders okay MClean’s acquisition, fundraising


PETALING JAYA: MClean Technologies Bhd’s shareholders have approved the RM6.04mil acquisition of We Total Engineering Sdn Bhd’s plastic injection moulding business at an EGM yesterday.

In a statement, the precision cleaning and surface treatment solutions provider said shareholders also approved a share capital reduction of RM35mil, which will be used to offset accumulated losses and strengthen the balance sheet, enhancing its financial flexibility.

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MClean Technologies

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