Edelteq proposes to acquire remaining 30% stake in EVSB for RM132.5mil


KUALA LUMPUR: Edelteq Holdings Bhd has proposed to acquire the remaining 30% equity interest in Edelteq Ventures Sdn Bhd (EVSB), a subsidiary of the company, from Hana Microelectronics Public Company Limited for RM132.5mil cash.

In a filing with Bursa Malaysia, Edelteq said upon completion of the proposed acquisition, EVSB will become a wholly-owned subsidiary company of Edelteq.

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