Propel Global to acquire 51% stake in Best Wide Engineering for RM7.82mil


Propel Global group chief executive officer Angeline Lee

KUALA LUMPUR: Propel Global Bhd has entered into a conditional share sale agreement to acquire a 51% stake in Best Wide Engineering (M) Sdn Bhd (BWE) for RM7.82mil.

The oil and gas support services provider said BWE is an oil and gas engineering firm. Its shareholders are Azizi Alias with 45.8% equity interest, Jasniazrin Shah Mohd Hata with 44.2% equity interest and Tan Siew Lee with 10.0% equity interest.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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

Changes in Value Partners board
Elevated valuations seen to affect healthcare stocks
Ecobuilt risks trading suspension
November air passenger traffic up
Vietnam’s nuclear ambitions depend on human resource capacity
Bursa ends first trading day of 2025 on weak note
Foong Mun Kong is new managing partner at KPMG
PTP reaffirms spot as global leader in container terminals
Oil on strong footing in new year on lower US stockpiles
Lotte Chemical Titan’s NC1 shutdown a positive move

Others Also Read