KUALA LUMPUR: MCE Holdings Bhd

is acquiring a 50% equity interest in FP Project Enterprise Sdn Bhd for RM1.9mil to strengthen its upstream capabilities and supply chain integration.

In a filing with Bursa Malaysia, MCE said its indirect 50%-owned subsidiary, Eagle MCE Technologies (Malaysia) Sdn Bhd, had entered into a share sale agreement with Lim Wei Huat to acquire 250,000 shares, or 50% in FP Project.