SkyGate to raise stake in SkyGate Integration to 95% via RM9.8mil share deal


KUALA LUMPUR: SkyGate Solutions Bhd has entered into a share sale agreement with Ong Chee Fui to acquire a 44% equity interest in SkyGate Integration Sdn Bhd for RM9.8mil.

In a filing with Bursa Malaysia, the telecommunications and technology firm said the purchase will be fully satisfied through the issuance of approximately 14.63 million new SkyGate shares at 67 sen per share.

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