Powerwell to expand into East Malaysia via strategic M&A

Powerwell to expand into East Malaysia via strategic M&A

The Star Online - Business·2025-12-29 19:07

KUALA LUMPUR: Powerwell Holdings Bhd

is set to expand into East Malaysia via the proposed acquisition of 49% stakes in Tenaga Kenari Sdn Bhd and Tenaga Kenari Marketing Sdn Bhd, for a combined purchase consideration of RM16.7mil.

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