KUALA LUMPUR: Reneuco Bhd has proposed to acquire Adat Sanjung Sdn Bhd (ASSB) for RM90mil from OHP Ventures Sdn Bhd (OVSB).
In a filing with Bursa Malaysia, Reneuco said its wholly-owned subsidiary Reneuco RE Sdn Bhd had entered into a conditional share sale agreement (SSA) with OVSB to acquire 10,000 ordinary shares in ASSB, representing the entire equity interest of the company.
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