PETALING JAYA: Property developer Axteria Group Bhd

(AGB) is proposing to acquire an 80% stake in construction firm Niaga Sari Sdn Bhd (NSSB) for RM35mil.

In a filing with Bursa Malaysia, AGB said it is acquiring the stake from Datuk Chan Chee Hong, Gwi Chin Fatt, Datuk Wong Gian Kui, Periasamy Ganapathy, Gwi Xian Yi, Gwi Huan Yi and Chan Khai Young.