Lotus to buy major shareholder’s two recycling firms

PETALING JAYA: Datuk Wong Sak Kuan, the single-largest shareholder of Lotus Circular Bhd, will be injecting his two waste recycling companies into the group for RM100mil.

This will be in addition to the three private companies he sold to Lotus, or formerly known as MESB Bhd, last year for RM51mil.

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LotusCircular , WongSakKuan , WasteRecycling , BusinessAcquisition

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