Hextar moves into fertiliser sector


PETALING JAYA: Hextar Global Bhd has entered into conditional share sale agreements with Hextar Industries Bhd (HIB) and Hextar Fertiliser Group Sdn Bhd to acquire the entire equity interests in PK Fert Sdn Bhd (PKFT), PK Fertilizers Sdn Bhd (PKF) and Hextar Fert Sdn Bhd (HFT) for RM120mil.

In a filing with Bursa Malaysia, the agrochemical company said PKF and HFT are involved in the manufacturing, formulation, distribution and trading of a wide range of fertilisers.

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