Kenanga Research said KMESB’s limited solar presence and distinct client base will create a strategic opportunity for both parties.
PETALING JAYA: Analysts are overall positive on Solarvest Holdings Bhd
’s latest acquisition of a 30% stake in mechanical and electrical (M&E) firm Kee Ming Electrical Sdn Bhd (KMESB).
The stake is worth RM15.3mil and the acquisition is expected to be finalised by the first quarter of calendar year 2025.
