Pekat Group completes 60% acquisition of Apex Power, expands into power equipment business

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KUALA LUMPUR: Pekat Group Bhd’s wholly owned subsidiary, Pekat Teknologi Sdn Bhd, has completed the RM96mil acquisition of a 60% stake in Apex Power Industry Sdn Bhd, marking its entry into the power distribution equipment business.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaGermanyIndonesiaOmanQatarSri Lanka

Topics: /Business/Business News Corporate News Pekat Group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 14:36:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 9 lines

Sentence Length: 42 words per sentence (average)

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Copyright Owner: © The Star

News ID: 24427020

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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