KUALA LUMPUR: Paramount Corporation Bhd
, through its wholly owned subsidiary Venice Concepts Sdn Bhd, has proposed to acquire a 28 per cent equity interest in Envictus International Holdings Ltd from JAG Capital Holdings Sdn Bhd for S$38.33 million (RM126.32 million).
Envictus is a limited liability company incorporated and domiciled in Singapore, primarily engaged in investment holding and management services for its subsidiaries, which are mainly involved in food and beverage-related businesses, primarily in Malaysia.
