PETALING JAYA: Meta Bright Group Bhd
has entered into a conditional share sale agreement to acquire a 70% equity interest in TTOP Industrial & Engineering Sdn Bhd (TIESB) for RM9.29mil.
In a statement, the company said the transaction marks a definitive and aggressive vertical expansion for the group.
“By acquiring a controlling stake in TIESB, Meta Bright fundamentally and strategically transforms from a pure green energy asset investor into a fully integrated, end-to-end energy service provider.
“Crucially, this acquisition moves the group beyond standard solar installations and directly into relatively complex, higher-margin electrical engineering work, such as specialised substation design, electric vehicle terminal construction, transmission engineering solutions, and electrical infrastructure maintenance.”
