In a statement, Vizione managing director Datuk Ng Aun Hooi (pic) said: “We are convinced this is a very viable business with good returns. We expect the proposed acquisition to be earnings accretive.”
PETALING JAYA: Integrated construction engineering group Vizione Holdings Bhd
has proposed to pay RM5mil cash for a 51% majority stake in glovemaker SSN Medical Products Sdn Bhd.
Based on a filing with Bursa Malaysia, Vizione’s wholly owned subsidiary VIP Index Sdn Bhd has entered into a heads of agreement (HoA) with the sellers Ang Teck Leong, Lim Kiat Yee and Ravendran Uthrapathy for the deal.
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