UEM Edgenta to strengthen presence in Saudi Arabia with 60% investment in MEEM

KUALA LUMPUR: Edgenta Arabia Ltd (EAL), UEM Edgenta Bhd’s wholly-owned subsidiary, hopes to strengthen its presence in Saudi Arabia with a 60 per cent equity stake investment in MEEM for Facilities Management Company (MEEM).

The investment was made through a share purchase agreement and shareholders agreement inked with Mohammed I Alsubeaei & Sons Investment Company (MASIC) recently.

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facilities management ,  UEM Edgenta ,  Edgenta Arabia ,  MEEM , investment , Saudi Arabia

   

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