Acquisition is conditional upon Fuelsubs securing fuel subsidy project


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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