T7 to take full control of Fircroft Tanjung
has proposed to buy the remaining 49% stake it does not own in Fircroft Tanjung Sdn Bhd (FTSB), a company that is involved in the supply of manpower for the oil and gas (O&G) and petrochemicals industries, for a cash purchase consideration of 49% of FTSB’s net assets as at Jan 31,2021. In a filing with Bursa Malaysia, T7 said its unit Tanjung Offshore Services Sdn Bhd had entered into a share sale agreement with Fircroft Engineering Services Ltd (FESL) for the acquisition of the stake. FTSB ...
United Kingdom Malaysia General Fircroft Tanjung Sdn Bhd Tanjung Offshore Services Sdn Bhd Fircroft Engineering Services Ltd Bursa Malaysia
Source: thestar.com.my