PETALING JAYA: Datasonic Group Bhd
will pay RM10mil for a 30% stake in Fuelsubs House Sdn Bhd (FHSB), a company that is bidding for a project to manage fuel subsidies.
The acquisition was conditional upon Fuelsubs securing a letter of award from the Government to implement the project, Datasonic said in a filing with Bursa Malaysia yesterday.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
