BIG Industries in RM23mil acquisition
The Star Online - Business·2025-07-31 08:01
PETALING JAYA: BIG Industries Bhd is acquiring an air separation unit (ASU) from Pure Gas Engineering Sdn Bhd (PGE) for RM22.9mil.
In a filing with Bursa Malaysia, the industrial gases manufacturer said the ASU is for its branch at the Samalaju Industrial Park in Bintulu, Sarawak.
BIG said PGE will undertake the design, supply, delivery, installation, testing, commissioning and training for the ASU with a production capacity of 60 tonnes per day.
BIG said it already had an existing ASU in Kuching, Sarawak.
“The purchase is not expected to have a significant effect on the earnings and net assets per share for the financial year ending June 30, 2026,” the firm said.
……Read full article on The Star Online - Business
Malaysia Entertainment
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App