KUALA LUMPUR: Wah Seong Corp Bhd said yesterday its indirect wholly-owned subsidiary Asiana Emas Sdn Bhd has signed a share sale agreement with Detik Gaya Sdn Bhd to acquire 20% of Petro-Pipe (Sabah) Sdn Bhd for RM10.5mil cash.
This would not have any effect on the share capital and shareholdings of the substantial shareholders and would not have any significant impact on the gearing, earnings and net assets of the Wah Seong group, it said in a statement. — Bernama
