KUALA LUMPUR: Nationgate Holdings Bhd
’s indirect wholly owned subsidiary, NationGate System Sdn Bhd, has entered into a sale and purchase agreement to acquire the entire issued and paid-up share capital of Valeo Malaysia CDA Sdn Bhd for RM60.89mil cash.
In a filing with Bursa Malaysia, the electronics manufacturing services (EMS) provider said the agreement was signed with Valeo Management, the sole shareholder of Valeo Malaysia, to acquire 168.2 million ordinary shares, representing 100% equity interest in the company.
