PETALING JAYA: Muhibbah Engineering (M) Bhd
(MEB) has acquired 12.52 million Master-Pack Group Bhd (MPGB) shares for RM54.65mil cash at an average price of RM4.36 per share.
In a filing with Bursa Malaysia, MEB said its wholly owned subsidiary, ITS Konsortium Sdn Bhd (ITSK), acquired the shares from the open market between March 25 and March 26, 2025.
MEB and ITSK (MEB Group) had acquired a total of 4.41 million MPGB shares for RM7.6mil cash during financial year 2022.
