PETALING JAYA: Malakoff Corp Bhd has proposed to acquire a 49% stake in solid waste management services company E-Idaman Sdn Bhd for a cash consideration of RM133.2mil.
In a filing with Bursa Malaysia, Malakoff said its wholly owned subsidiary Tuah Utama Sdn Bhd had entered a conditional share sale and purchase agreement with Metacorp Bhd for the acquisition, expected to be completed within six months upon signing the deal.
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