Tex Cycle Expands Services with SEL Acquisition
Kuala Lumpur, August 19, 2024 – Tex Cycle Technology (M) Bhd has taken a significant step towards broadening its service offerings by acquiring a 60% stake in Safety & Environmental Laboratory Sdn Bhd (SEL) for RM8.4 million. This strategic move aims to enhance the company’s environmental testing and compliance capabilities. The acquisition not only brings SEL’s expertise under Tex Cycle’s umbrella but also secures a profit guarantee of at least RM2 million for each of the financial years ending 2024 and 2025. Additionally, SEL guarantees a net tangible asset value of not less than RM4.4 million at the completion of
Hijau Setiajaya Sdn Bhd
HIJAU Media Group (HMG)‘s noble objectives are to disseminate relevant government information on its Green roadmap, policies and directives, as well as share opinions on authoritative eco-friendly and sustainable Green issues including business opportunities that encompass the latest ideas, tools, techniques, products and outstanding Green personalities to keep them abreast with current...
