Tex Cycle completes conditions precedent for SEL


PETALING JAYA: Tex Cycle Technology (M) Bhd has announced that all conditions precedent under the share sale agreement for the acquisition of a 60% equity stake in Safety & Environmental Laboratory Sdn Bhd (SEL) have been successfully fulfilled, rendering the transaction unconditional.

In a statement, the waste management and recycling solutions provider said SEL will now be integrated into Tex Cycle’s operations, allowing both entities to leverage their respective expertise and resources to deliver a wider range of solutions.

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