PETALING JAYA: Flexidynamic Holdings Bhd
has entered into two share sale agreements (SSAs) – one with HARPS Investment Asia Pte Ltd (HIA) and another with two minority shareholders – to acquire a 100% equity interest in Nilai-based glove former manufacturer Formtech Engineering (M) Sdn Bhd.
In a statement, the rubber glove solutions provider said under the terms of the SSAs, Flexidynamic would acquire the entire issued share capital of Formtech, comprising 8.3 million shares.
