From left: Tex Cycle group chief financial officer Geraldine Hii, Meridian World managing director Teoh Kok Cheow, Tex Cycle group CEO Gary Dass and Tex Cycle executive director Lee Hai Peng.
KUALA LUMPUR: Tex Cycle Technology (M) Bhd
has entered into a conditional share sale agreement to acquire the entire equity interest in Meridian World Sdn Bhd for RM55mil cash.
In a statement, the waste management and recycling solutions provider said the acquisition marked a strategic expansion for Tex Cycle, enhancing its capabilities in scheduled waste management and chemical processing.
