# Meta Bright Group acquires 70% stake in Expogaya for RM28.04 million

Meta Bright Group Berhad proposed to acquire a 70% equity interest in Expogaya Sdn. Bhd., a ready-mix concrete manufacturer in Sabah, for RM28.04 million, expanding into building materials.

- Type: Acquisition
- Announced: 2023-10-28
- Where: Sabah, Malaysia
- Value: $6.00M (28.0M MYR)
- Status: announced
- Products: ready-mix concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Meta Bright Group Berhad](https://endata.com/companies/73318.md) (acquirer)
- [Expogaya Sdn. Bhd.](https://endata.com/companies/73319.md) (target)

## Sources

- [businesstoday.com.my](https://www.businesstoday.com.my/2023/10/28/meta-bright-eyes-ready-mix-business-acquires-70-stake-in-expogaya-for-rm28-04-million/), 2023-10-28: "Meta Bright Group Berhad is proposing to acquire 70% equity interest in Expogaya Sdn. Bhd. for RM28.04m, a company that is primarily involved in the manufacturing, trading, and supplying of ready-mix concrete."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.