China's Testa to inject edible oil business into Key West


KUALA LUMPUR: Testa Holdings Ltd of China will inject its edible oil business into Key West Global Telecommunications Bhd in a RM210mil corporate exercise.

Key West shareholders had on Wednesday approved the reverse takeover (RTO) of the company by Testa at its EGM which included the new business.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Bidding big on Malaysian art
Inflation rises slightly in October
Market struggles to find direction
RHB, CGC in LCTF portfolio guarantee deal
Affin Bank 3Q earnings jump 45%
Allianz quarterly top line climbs 10%
Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion
RHB, CGC ink Malaysia’s first LCTF portfolio guarantee agreement, valued at RM400mil
Solarvest secures RM142mil solar EPCC contract in Kedah

Others Also Read