PETALING JAYA: KJTS Group Bhd
’s plan to buy Malakoff Corp Bhd’s unit is seen as a positive move, allowing the company to expand its cooling energy management services (CEMS) business in Malaysia in a major way.
KJTS announced on Feb 3 its proposal to acquire a 100% stake in Malakoff Utilities Sdn Bhd (MUSB) for RM65.5mil.
