Kelington Group to acquire remaining stake in Ace Gases for RM35.69mil

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KUALA LUMPUR: Kelington Group Bhd has entered into a conditional share sale agreement (SSA) to acquire 2.53 million ordinary shares in Ace Gases Sdn Bhd for RM35.69 million.

Genting Plantations unit undertakes first issuance of RM1.

Kelington said the proposed acquisition is expected to be completed in the second half of 2024.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Bursa Malaysia Corporate News Ace Gases Kelington Group Acquisition /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 20:10:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 269 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © The Star

News ID: 21824012

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