Techbond to acquire Malayan Adhesives And Chemicals for RM57.25 million

Techbond Group Berhad received shareholder approval to acquire up to 100% equity interest in Malayan Adhesives And Chemicals Sdn. Bhd. for approximately RM57.25 million. The acquisition includes a 99.57% stake from Chemquest Sdn. Bhd. and the remaining 0.43% from minority shareholders.

“We are very excited with the prospects and benefits arising from this Proposed Acquisition, which is in line our long-term strategy to grow our business, both organically and inorganically.”businesstoday.com.my

• 1 source
• businesstoday.com.myTechbond Gets Shareholder’s Green Light To Acquire RM57.25 million Adhesives And Chemicals Specialist - BusinessTodayFeb 23, 2023

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