KAB partners with YL Global Ventures


KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) has executed a term sheet with YL Global Ventures (YLGV) to start a new venture in the robotics solutions business.

The parties will incorporate a joint venture company named KAB Robotic and Automation Solutions Sdn Bhd with a total initial equity capital of RM100,000, the company said in a statement. KAB will own a 70% equity stake in the joint venture while YLGV will own the remaining 30%.

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

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
Shedding light on power sector prospects
EQ expands to Thailand

Others Also Read