Ageson receives LOI worth RM116mil from HK buyer to purchase sand 


KUALA LUMPUR: Ageson Bhd, formerly known as Prinsiptek Corp Bhd, said a company based in Hong Kong is planning to buy natural sand from its wholly owned unit Esa Pile Sdn Bhd.

Ageson, in a filing with Bursa Malaysia today, said Esa Pile had received a letter of intent from Boyijun Resources (HK) Ltd to to purchase sand for a contract value of US$26.6mil (RM116.8mil).

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!

Ageson , Boyijun , sand

   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Reaping the Max from streaming
The ringgit recovery
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Singapore playing roulette with casino licensing
Bidding big on Malaysian art
Inflation rises slightly in October
Building a firm facade

Others Also Read