PETALING JAYA: Analysts are positive on the recent developments from Ann Joo Resources Bhd
, which recently said it acquired the remaining 67,500 shares in Konsortia Etiqa Sdn Bhd (KESB) from Datuk Ong Tee Thong.
The share purchase agreement for RM96mil will give Ann Joo full ownership of KESB, which is primarily involved in the manufacturing of hard-drawn wires, galvanised steel wires, and other wire products.
