Ann Joo to acquire 45% stake in Konsortia Etiqa for RM96mil


KUALA LUMPUR: Ann Joo Resources Bhd has proposed to acquire 67,500 ordinary shares, representing a 45% stake in Konsortia Etiqa Sdn Bhd (KESB) for RM96mil cash.

In a filing with Bursa Malaysia, Ann Joo said its wholly-owned subsidiary Ann Joo Management Services Sdn Bhd (AJMS) entered into a share purchase agreement (SPA) with Datuk Ong Tee Thong for the proposed acquisition.

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Ann Joo , Konsortia Etiqa

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